Retrenchment at workplace

[joy101]

If you really wants to retrenchment in a business or company you have to informed them on time so that them will not be disappointed at that moment.

 

[Setho]

I think this is a very common knowledge and the employees should jot take it hard. When unexpected things happen to the company, it is their hob to ensure that the company survives.

 

[Sheyemanu]

Well, in reply to your question in the above post concerning how to break the news of retrenchment to your employees, well, I would say that you just have to be completely honest with them rather than lie to them as that could be worse

 

[Senator]

Wether you break it harshly or softly, the news still needs to be broken to the workers involved. But as humans as we all are, we should do it with some level of empathy for the affected workers

 

[Setho]

This should be included in the companies policies and be known long before something like this so that no staff should feel hard done by when it evwntually happens.

 

[Alexandoy]

Well, in reply to your question in the above post concerning how to break the news of retrenchment to your employees, well, I would say that you just have to be completely honest with them rather than lie to them as that could be worse

I was lucky to have left a company that later on would retrench some employees. The boss was a kind person that he promised those who will be retrenched to be given an extra month of salary aside from the separation pay. The employees understood the retrenchment. Unfortunately the business closed afterwards.

 

[akinlolu99]

Expecting there is a significant financial decline in the economy, most organizations will not have some other decision however to lay off certain laborers to have the option to remain above water.

This choice is continually going to be a troublesome choice for the organization to take. Presently suppose this is your organization and you must choose the option to lay off a portion of these staffs that you are so affectionate of,how will you break this news to this specialists to diminish the impact of this overwhelming news?
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Expecting there is a significant monetary slump in the economy, most organizations will not have some other decision however to lay off certain specialists to have the option to remain above water.

This choice is continually going to be an exceptionally troublesome choice for the organization to take. Presently suppose this is your organization and you must choose the option to lay off a portion of these staffs that you are so affectionate of,how will you break this news to this laborers to reduce the impact of this staggering news?

 

[tyrim88]

This is one of the reality you have to face as a business owner.You can't do anything about it,you just have to explain the facts to them,and how you will do that is to tell them in a way that would not break their spirit,you just have to give them a good compensation.

 

[Dowenship]

Assuming there is a major economic downturn in the the economy, most companies won't have any other choice but to lay off some workers to be able to stay afloat.

This decision is always going to be a very difficult decision for the company to take. Now let's say this is your company and you have no choice but to lay off some of these staffs that you are so fond of,how will you break this news to this workers to lessen the effect of this devastating news?

Haha.... As long they know that is at the best interest of the company is to reduce staff in my company it shouldn't be hard. But you won't just den them off like that, you will have to pay them the following month.

 

[Ralphjoe]

Haha.... As long they know that is at the best interest of the company is to reduce staff in my company it shouldn't be hard. But you won't just den them off like that, you will have to pay them the following month.

I would want you to put yourself in the shoes of this staff who are being retrenched out of your company. They are being laid off into a job market where there are no jobs in existence and that means that they cannot be able to fend for themselves and even their families.

 

[Dowenship]

Lp

I would want you to put yourself in the shoes of this staff who are being retrenched out of your company. They are being laid off into a job market where there are no jobs in existence and that means that they cannot be able to fend for themselves and even their families.

This is not the matter of putting myself into there shoes, i was once there and i'm still leaving, which happen last year even though things will look tough for them, but its a believe that its just a phase. That's why i said the company to pay upfront salary to maintain themselve till they find a better job.

 

[Chibson]

During the coronavirus pandemic, a lot of companies retrenched their workers because of the harsh economic situation other things the pandemic brought. It is therefore better for people to have another income source so that when such time arises they will be able to cope.

 

[Setfragil]

It is a difficult thing to lose your job. As a manager or a friend to an employee that lost his job, you will have to let them understood the reasons that let to their retrenchment and encourage or wish them well in all their future endeavors.

 

[Ralphjoe]

It is a difficult thing to lose your job. As a manager or a friend to an employee that lost his job, you will have to let them understood the reasons that let to their retrenchment and encourage or wish them well in all their future endeavors.

It's a very difficult thing for anyone to lose their job as it can be so painful especially when you don't have any alternative to fall back on. For most companies, they know that it's a very difficult decision for them to take because in as much as they are plunging more people into the unemployment pool they are also at risk of losing good hands to work for their company.

 

[Setfragil]

It's a very difficult thing for anyone to lose their job as it can be so painful especially when you don't have any alternative to fall back on. For most companies, they know that it's a very difficult decision for them to take because in as much as they are plunging more people into the unemployment pool they are also at risk of losing good hands to work for their company.

Most times companies are left with no other options than to retrenched their employees which is mostly caused by unfavourable economy conditions in the country.

 

[delnovem]

Retrenchment is one of the ways companies use to terminate employment when the company is forced to downsize its number of employees.

 

[Setfragil]

During the coronavirus pandemic, a lot of companies retrenched their workers because of the harsh economic situation other things the pandemic brought. It is therefore better for people to have another income source so that when such time arises they will be able to cope.

Some times companies are left with no other options than to let go of their staff when the economy does not favour their business or when the company keeps recording losses on their business.

 

[tyrim88]

Retrenchment, or redundancy, is when a worker loses their job because it's no longer needed. It's important that the employer does not make you redundant, they make the position redundant. Usually this means that they should not be replacing the your position with someone else

Just like you said,when a company has employes suplus to equirement,then the inevitable happens which is retrecnchment of employess that are not needed,this could be as a result of falling revenue or jobs are no longer coming as it used to.

 

[Ralphjoe]

If you really wants to retrenchment in a business or company you have to informed them on time so that them will not be disappointed at that moment.

Any organisation that does not inform it workers ahead of time if there'd be any need for retrenchment is not responsible organisation and so if their workers should protest then those workers are actually justified for their protest.

 

[Jlife]

Well it's going to be a very difficult decision because at this point it might even be difficult for you to sack some people you are already familiar with. I will reduce their salary and continue to have them until things improve.