Companies who have downsized usually end up replacing people in those positions, but at lower salaries -- in other words, they have replaced older, more experienced employees with younger employees who do are willing to work for less.
Those who have been downsized may never recover emotionally or financially... Showed first 250 characters
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Studies have also shown that employees who are retained also suffer: they have more health and emotional problems, and many of them lose motivation and loyalty.
Workers who saw the organization as a family feel lost without their familiar networks. There was more fraud among workers who survived downsizing, and increased distrust of management... Showed next 250 characters
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Here are some basic things to remember when moving towards motivation of employees:
a) First, you need to motivate yourself prior to thinking about motivating your employees...
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Layoffs, frequently called downsizing, describe the process in which companies remove temporarily or indefinitely a number of employees from their payroll , and have become significant characteristic of working life in developed countries...
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Pay Secrecy Debate
Compensation decisions are a significant part of running a company. When deciding how to align compensation with the organization, it is important to consider all options and determine the best fit for the overall organizational strategy...
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Nickle And Dimed
Employees feel that the managers at Hearthside sit around but do not allow anyone else too. This is not good for the employee’s motivation because they don’t get any breaks yet they see other people who are getting paid more lots of breaks...
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Diversity in the workplace-Ways to Promote Ethnicity
A company must commit to the cause of promoting diversity, not just talk about it. One way management can commit is by providing training to the employees on how to relate and communicate better with coworkers who are of ethnic background...
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John contends that successful companies, regardless of the business, all share a common characteristic. Each of these companies achieved greatness by refocusing the structure of their corporation...
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April 13, 2008
Week 6 case study
1) The importance of employee benefits being used as a strategic component of fulfilling the goals of HRM because it can help prevent high turn over rates...