Creating a severance package for terminated employees is a critical process for any company. It not only helps the departing employees transition more smoothly into their next phase but also reflects the company’s values and respect for its workforce. A well-constructed severance package can mitigate legal risks, protect the company’s… Read More »Crafting a Severance Package: Best Practices for Employers
Being laid off from a job can be a tumultuous experience, marked by a rollercoaster of emotions and practical challenges. Understanding these feelings and knowing how to move forward is crucial in turning a layoff into an opportunity for growth and new beginnings. Emotional Rollercoaster: Understanding Your Feelings When you… Read More »Navigating the Emotional and Practical Challenges of Being Laid Off
When a company decides to lay off employees, the decision of who to let go is often a difficult one. There are a number of factors that companies consider when making layoff decisions, including: Performance: Companies may choose to lay off employees who have consistently performed below expectations. Skills: Companies may also… Read More »Who Decides Which Employee Gets Laid Off?
Layoffs are never easy, but they are sometimes necessary. As an HR professional, it is your job to handle layoffs in a professional and compassionate way. Here are some tips on how to do so: Be prepared. Before you meet with the employee, make sure you have all of the information… Read More »How to Handle Layoffs and Letting People Go