In tough economic times, employers may need to consider various strategies for reducing payroll costs. In so doing, they need to be aware of many issues. Will our strategy be considered discrimination against a protected group? How will employees’ exempt status be impacted by our strategy? Is severance pay a viable addendum to our chosen strategy? Do WARN or state “mini-WARN” laws apply to our strategy? How many options should we consider? What is the key to choosing the correct option?

The answers to these questions and many more can be found in this month’s HRCast a recording provided by our team of HR Pros and available exclusively on MyHRSupportCenter. Learn what you need to know about these six key strategies:

1. Decrease Wages
2. Reduce Work Schedules
3. Redistribute Work Loads
4. Offer Leaves of Absence
5. Provide Voluntary Separation Packages
6. Exercise a Phased Layoff

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