April 22, 2009
Tip of the Week: Staffing Strategies for Tough Economic Times
Filed under: News
Vision Payroll

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

Visit MyHRSupportCenter regularly not only for our HRCasts, but also to get late-breaking compliance alerts, best practices to implement, and HR tools to use every day. If you’re not yet signed up or would like a free trial of MyHRSupportCenter, contact Vision Payroll today.


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