By Mark Wiletsky
Although we are beginning to see signs of an economic recovery, many organizations are still grappling with how to stay competitive in this challenging environment. Layoffs, furloughs, and other methods used to cut personnel costs are often part of the equation. But the savings gained by these cost-cutting measures can be lost if employees later sue the company and embroil the company in expensive litigation. The good news is that organizations can often avoid turning cost-cutting measures into expensive headaches by avoiding these four common mistakes in reducing personnel costs.
Continue reading "Tips for Minimizing Risk When Cutting Labor Costs" »
