1 Why were the cities forced to consider downsizing? The cities were forced to consider downsizing because of several years of facing economic challenges in the county‚ along with shrinking population base‚ and having to cut down on budgets down to penny for the past month. 2 What are the positives of downsizing? Some of the positives of downsizing were when salaries and employee costs were held down. 3 What are the negatives? Some of the negatives of downsizing included decreases in productivity
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Termination of the contract Termination of the contract Under common law‚ a contract of employment may be terminated by: (a) Agreement with notice; (b) Death of the employer or employee; (c) Frustration; (d) Insolvency; or (e) Breach. Termination by agreement with notice The ending of a contract of employment is most often achieved without any breach of its terms. A contract can be terminated at common law by either party giving the notice required by the terms of the contract
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com/magazines/fortune/fortune500/2012/full_list/101_200.html DiversityInc. (n.d.). DiversityInc Top 50 Lists Since 2001 - DiversityInc. DiversityInc | Diversity and Inclusion | Consulting and Benchmarking. Retrieved November 7‚ 2012‚ from http://www.diversityinc.com/past-diversityinc-lists/ Employment Law Guide - Notices for Plant Closings and Mass Layoffs. (n.d.). United States Department of Labor. Retrieved November 8‚ 2012‚ from http://www.dol.gov/compliance/guide/layoffs.htm Ingram‚ D. (n.d.). The Difference Between Discharge‚ Layoff‚ and
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AbstractScott Paper Company provides an inside look at a major corporate downsizing program led by the controversial turnaround manager "Chainsaw" Al Dunlap. By the end of the restructuring in late 1995‚ when Kimberly-Clark acquired Scott‚ the market value of Scott’s common stock had increased by more than $3 billion. Dunlap’s personal wealth increased over this period by nearly $100 million‚ reflecting his compensation and appreciation in the value of his Scott stock holdings and executive stock
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From the e-Activity‚ determine whether or not these types of benefits would motivate you as an employee for a long-term commitment. Long-term employees are loyal to the company‚ but you must work to keep them as such. Motivate them by providing competitive health insurance and retirement plan packages. If possible‚ promote from within rather than hiring a newcomer. Offer paid benefit time‚ such as personal‚ sick and vacation days‚ and annual raises and bonuses. Show your generosity by offering
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Critical Factors Here is yet another case that proves to have many critical factors. We are dealing with a company that is downsizing‚ which may cause employee concerns. They are facing the need to make a decision on how to make the appropriate selection of employees to layoff‚ without facing Title VII discrimination violations‚ and they obviously have an issue that needs to be addressed with how the company is currently handling employee evaluations and appraisals. The most critical issue here
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Abstract News of job losses (whether we label them as downsizing‚ layoffs‚ or restructuring) reaches us daily. And sometimes the reality hits close to home – loss of a job of a family member‚ a close friend‚ a valued coworker or someone you supervise. According to McKinley‚ Sanchez and Schick (1995)‚ “This process of deliberate personnel reduction has been justified as a cost-cutting measure and as an incentive to increase productivity. However‚ evidence has shown that downsizing negatively affects
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There are several things that have gone wrong in the case we were given to examine. Knarles had left his 17-year-old son Barkley to look after the Maryland based facilities maintenance business while Knarles attended a convention in Hawaii. The exact scope of the duties to be performed in Knarles’ absence was not given to the reader. Knarles and Barkley’s company had a roster of satisfied clients who they maintained a working relationship without the benefit of a signed renewal contract. Knarles
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TABLE OF CONTENTS INTRODUCTION 2 ORGANIZATIONAL DOWNSIZING – A LITERATURE OVERVIEW 2 WHY DO COMPANIES DOWNSIZING? 2 STAGES OF DOWNSIZING 3 THE IMPACT OF DOWNSIZING PRACTICES ON THE PERFORMANCE 4 ALTERNATIVES TO LAYOFF 5 EARLY RETIREMENT 5 DOWNSIZING AND THE LEGAL ISSUES 6 REFERENCES: 6 INTRODUCTION Over the past decade‚ corporations have been under economic pressures for a long term. Consequently‚ some of them were eliminated from the local market‚ the survivors have been
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Cat is out of the bag: KANA and Layoff Gone Awry(A) 1) Who are the key constituents in this case and identify each of their interests? The key constituents in this case are in the table below: Constituents Vicki (VP of Int. and HR) and Bryan Kettle (CFO) Chuck Bay (CEO) and Tom Doyle (COO) Customers Terminated employees and unions Survivor employees Managers The investment Community HRManagement Interests making the layoff process go as smoothly and transparently for the business
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