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Weathering Storms : Human Resources in Difficult Times
ISBN: 9781586441340 | 1586441345
Format: Trade PaperPublisher: Society For Human Resource Management
Pub. Date: 4/1/2009
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The news is dismal-falling home prices amid record foreclosures, the credit crisis, inflation-eroding pay, declining dollar value, and layoffs everywhere-a continuing downward spiral, which means that it is time for HR professionals to get busy! They must look at measures that they can bring forward to help ensure the health of the business and its staff.
| Introduction: Making the Right Decisions During Economic Downturns | p. 1 |
| Proactive HR Solutions | |
| When Business Hiccups-The Prepared HR Pro | p. 8 |
| Managing Employees in a Downsized Environment | p. 10 |
| Managing a Downturn | p. 14 |
| Riding Out the Storm with Clear Explanations | p. 20 |
| Many Plan To Scale Back Benefits, Pay Raises as Economy Slows | p. 24 |
| As Staffing Slips, R... MORE | p. 26 |
| Recruiting Grads | p. 30 |
| Address Financial Ills To Reduce Other Workplace Problems | p. 34 |
| Prune Employees Carefully | p. 38 |
| Reduction in Force and Employees with Performance Problems | p. 44 |
| Employers Using Benefits To Help Employees Fill the Tank | p. 46 |
| Tighter Times, Leaner Technology | p. 48 |
| Soft Real Estate Market Impacts Corporate Relocation Programs | p. 54 |
| Personalized Transition: Workers Are Demanding More Sophisticated Outplacement Services | p. 56 |
| Easing the Burden of Financial Stress in the Workplace | p. 62 |
| Easing the Burden of Employees' Debt | p. 66 |
| Employee Forgivable Loans | p. 72 |
| Keep Workers 401(k)-Focused | p. 74 |
| The Difference between a Furlough, a Layoff, and a Reduction in Force | p. 80 |
| Selecting Employees for Layoff | p. 84 |
| The Tools: Definitions, Guidelines, Sample Policies, Letters, and Forms | |
| WARN Notice | p. 90 |
| Older Workers Act Waiver | p. 92 |
| Letter of Transfer | p. 94 |
| Transportation Benefit Plan Enrollment/Change/Cancellation Form | p. 96 |
| Transportation Benefit Plan Reimbursement Request | p. 98 |
| Telecommuting Application | p. 100 |
| Compressed Workweek | p. 102 |
| Flextime Request Form | p. 106 |
| Flexible Work Arrangement Agreement | p. 108 |
| Alternative Work Schedule Policy | p. 110 |
| Job-Sharing Memo of Understanding | p. 112 |
| Summer Flextime Policy | p. 114 |
| Summer Flextime Request Form | p. 116 |
| Take the Summer Off Program Policy | p. 118 |
| Work Sabbatical Policy | p. 120 |
| Work Sabbatical Leave Form | p. 124 |
| Voluntary Reduction in Force (RIF) Separation Program | p. 126 |
| 401(k) Plan: Hardship Withdrawal Request | p. 130 |
| Layoff and Recall Policy | p. 134 |
| Low-Need Time | p. 136 |
| Separation Agreement and Release of Claims | p. 138 |
| Reduction in Force Selection and Severance Pay | p. 142 |
| Involuntary Termination Policy | p. 146 |
| Sample Letter: Benefits Changes Due to Reduction in Hours | p. 148 |
| Sample Letter: Layoff or RIF-Lack of Work | p. 150 |
| Sample Letter: Reduction in Force-Declining Sales | p. 152 |
| Sample Letter: Termination Because of Layoff, Downsizing, Etc | p. 154 |
| Conclusion: After the Layoff: How Are You Feeling? | p. 156 |
| Additional Resources | p. 164 |
| About the Contributors | p. 168 |
| Endnotes | p. 170 |
| Index | p. 172 |
| Table of Contents provided by Ingram. All Rights Reserved. |
The Society for Human Resource Management (SHRM) is the world’s largest professional association devoted to human resource management. Its mission is to serve the needs of HR professionals by providing the most current and comprehensive resources. SHRM represents members in more than 125 countries, and has a network of more than 575 affiliated chapters in the United States, as well as offices in China and India.
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