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MindMap Gallery Business management-reduce labor costs and layoffs

Business management-reduce labor costs and layoffs

About business management - reducing labor costs and layoffs mind map, including layoff execution, Precautions, Worst case plan, Relevant cooperation departments, etc.

Edited at 2023-11-28 11:24:40

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Business management-reduce labor costs and layoffs

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Outline

Reduce labor costs

unity of thought

Everyone clearly understands the need to reduce labor costs/layoffs

1. Sales continue to be sluggish and have not shown signs of improvement.

2. Epidemic (uncontrollable) factors

3. Streamline personnel and optimize job allocation

4. Other reasons

Preliminary preparation

1. Determine the target of reducing labor costs

What is the target for total wage reduction?

2. Make plans for layoffs

1. Clarify the department to be laid off, the number of layoffs and the salary standard for each person

1) List of resigned employees (including salary standards)

2) Process the resignation list (including salary standards)

3) List of planned layoffs (including salary standards) (partially clarified)

4) Estimated number of natural resignations (including salary estimate)

2. How to implement layoffs

1) Poor job performance

2) Frequently late/disobeying management/disobeying regulations

3) Take a long vacation

4) Reduced staff due to store closures [It is recommended to transfer them to a store far away from home and let them resign voluntarily]

5) Employees naturally leave their jobs after the holidays

6) Other ways

Layoff execution

1. Unification of thought

Management and employees understand and agree on the reasons for layoffs

2. Guiding Principles

1. Stabilizing employees’ mentality comes first

2. Use emotion to make employees understand and even agree with the reasons for layoffs/the helpless move.

3. Handle it in a low-key manner without affecting other colleagues

4. Quick solution, immediate negotiation and resignation procedures.

5. Provide follow-up support to employees

If necessary, issue a resignation certificate

Issue work performance certificate if necessary

Provide social security transfer assistance if necessary

Priority will be given to older employees in later recruitment

3. Execution strategy

1. Interview with superiors recognized/respected by employees

2. Affirm achievements/efforts, and guide the company’s current difficulties (epidemic environment, Rising costs, under-saturation of existing job positions, etc.)

3. If the company has a suitable position in the future, he will be given priority.

Precautions

1. The interviewer pays attention to the process and reports any abnormalities in a timely manner

2. Be prepared for handover

3. Keep interview records

Worst case scenario

1. Employee complaints or even large-scale complaints

2. Employees causing trouble

Relevant cooperation departments

Administrative and Human Resources Department

Finance Department

Ministry of External Affairs