Index_L


L

Labor market, 9

Lacobucci, Terri Anne, 54

Lamonakis, Linda, 134

Lathem Time, 190–191

Layoffs, 151–172

from 1996 to 2001, 11–12

advance notice for, 158–159

alternatives to, 13–15, 29–31

announcement of possible, 209

benefits and consequences of, 78

choosing place and time for, 157–159

communication in, 155–156

cost/benefit estimates for, 89–90

damage control following, 166–168

determining combination of alternative work arrangements and, 102–104

emotional impact of, 155

employee view of, 163–166

getting back to business following, 190–192

keeping the door open following, 169–172

as last resort, 21

legal issues with, 159–162

long-term cost savings from, 81

long-term costs incurred in, 81–85

and one-on-one discussions, 159

percentage of work force affected by, 28–29

planning for, 77–85

press releases about, 167–168

real cost of, 226

sample speech announcing, 221–223

second round of, 53

senior leadership’s criteria for, 41–42

and severance packages, 164–166

short-term cost savings from, 78

short-term costs incurred in, 78–81

turning attention to survivors following, 162–163

what not to do in, 12–13See alsoSee also

Lincoln Electric, 182

Long-term cost savings, 226

Low-hanging fruit, 226

Loyalty:

of employees, 38, 182–183

to employees, 40




The Headcount Solution. How to Cut Compensation Costs and Keep Your Best People
The Headcount Solution : How to Cut Compensation Costs and Keep Your Best People
ISBN: 0071402993
EAN: 2147483647
Year: 2002
Pages: 143

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