Understanding Reduction in Force Issues for the Employer

Employer Requirements when Conducting Reductions in Force

If an employer is considering a reduction in force, the company should first evaluate the potential decisional unit. This decision is generally driven by the ...

Reduction in Force: What It Is and How to Navigate It

A reduction in workforce typically occurs when a company must drastically reduce its payroll costs. An economic downturn or recession is the most likely driver ...

After a Reduction in Force: Engaging Your Remaining Employees

Any time a company removes a position with no intention of replacing it, this is a reduction in force. However, when we talk about reduction in force, most ...

Navigating a Reduction in Force (RIF)? - Schaefer Halleen

... RIF? Key Questions to Consider Before Accepting a ... Understanding the OWBPA Notice:In most circumstances involving a RIF, employers ...

Reduction in Force (RIF) - Practical Law - Thomson Reuters

Typically, the permanent termination of several employees as part of a planned program owing to an employer's need to reduce payroll costs or ...

5 considerations for employer layoffs/reductions in force

Maintain objectivity in selection criteria - · Comply with federal, state and local notice requirements - · Ensure prompt payment of final wages - ...

WORKFORCE REDUCTIONS AND STATISTICS: A PRIMER AND ...

Statistical analysis is an important tool for employers planning a reduction-in-force. However, its value depends upon the employer's ability to understand ...

Surviving a layoff — what HR won't tell you - Candor

In large layoffs (a RIF, or Reduction In Force, in HR parlance), picking who gets laid off is a very involved and legalistic process — the process could take ...

Managing the Reduction in Force - Corporate Counsel - FindLaw

If the employees are represented by a union, the employer may have a duty to bargain over the decision and the effects of the closing or mass layoff. Basically, ...

Reductions in Force (RIFs) - Practical Counsel for the Workplace ®

Additionally, companies are subject to requirements beyond WARN and state laws when considering employee losses or layoffs. Employers must also consider issues ...

A Checklist To Planning and Implementing a Reduction in Force

1. Recognize The Likelihood Of A Lawsuit And Act Accordingly. · 2. Document. · 3. Recognize Which Claims Are Likely. · 4. Address The Concerns/Expectations Of ...

What Is RIF? How to Deal With a Reduction in Force - Coursera

Reduction in force (RIF) is a corporate term indicating a permanent decrease in the total number of workers a company employs.

Severance Package Explained: The Layoff Payoff - Investopedia

4. Finally, employees who are among a group reduction in force may or may not have more opportunities to negotiate the terms within the agreement. A ...

Avoiding Legal Risks in Workforce Reductions - K&L Gates

Though the need for planning may seem obvious, too many employers go about a reduction in force with only a general understanding of the goals of the RIF and ...

How to Fight Your Layoff and Maximize Your Severance

When faced with financial adversity, a company may implement a reduction in force ... Has your employer provided a consistent explanation? Further ...

How to Handle a Workforce Reduction (2022) - Visier

Navigating a workforce reduction is a tricky and sensitive process, especially when unexpected emergencies, such as a worldwide pandemic or a recession, forces ...

Navigating a Layoff: Understanding What It Is, What to Do, Whether ...

It is typically initiated by the employer due to various reasons, such as restructuring, financial challenges, technological advancements, or ...

Workforce Reduction Strategies - Fast Company Executive Board

Those requirements include providing employees with 60 days' notice and specifying whether the layoff is permanent or temporary. Your state may also have ...

Intended and Unintended Consequences of Layoffs

Bottom line: Employee burnout is a key unintended consequence of a RIF. Employers should place a high amount of focus on employee engagement and value-added ...

Understanding the Impact of Workforce Reductions on 401(k) Plans

Employee turnover often triggers a wave of issues for a company and its human resources department. Even 401(k) retirement plans — one of ...