is it a must to reduce the total number of staff members on payroll to reduce cost?

[ganibade]

it a must to reduce the total number of staff members on payroll to reduce cost. This is very correct, when the cost of production is higher than company capacity, company decides to reduce the number of staffs.

 

[eLdavis]

it a must to reduce the total number of staff members on payroll to reduce cost. This is very correct, when the cost of production is higher than company capacity, company decides to reduce the number of staffs.

Reducing the number of staff means some persons would end up being jobless, do you plan on at least paying them off so they can have something to hold until they can stand on their feet?

 

[CeeJase]

Yes if its necessary you have to reduce your staff in order to reduce cost because to me its better you relief your staff than keep people working for you for over some months without payment that is too painful, its one of the challenges business do face in some periods

Personally I believe that once the output of the workers is not meeting up with the salaries that you are paying them there is no need for you to keep a lot of them on your payroll for a long time.

 

[Ghost]

Thats while we preach independency, owning your business to avoid suituations like this, as long as you dont decide when income enters your account, the business can take a new turn. The managers decision is for the future best.

You are right. I believe everyone would always want to have their own business in a n ideal world. But unfortunately when one can't one is left to work for someone, and this issue though is imminent one must have to live with it

 

[Godspower]

it a must to reduce the total number of staff members on payroll to reduce cost. This is very correct, when the cost of production is higher than company capacity, company decides to reduce the number of staffs.

What if you could reduce their salaries instead of sacking them outrightly? Also, most construction companies usually relieve their staff temporarily during rainy seasons because of limited work to do. Such staff are usually recalled in the dry season when constructing work is at its peak.

 

[Psalmseen]

Yes! It's a good thing though. To reduce cost of an organization, there are actually many ways of doing that. You spend less on things that ain't really relevant. But you can also downsize, thereby reducing your recurrent expenditure

 

[Godspower]

Yes! It's a good thing though. To reduce cost of an organization, there are actually many ways of doing that. You spend less on things that ain't really relevant. But you can also downsize, thereby reducing your recurrent expenditure

A good business manager or owner will look at other means of reducing costs without having to sack his workers. Sometimes, it is a very difficult thing to do considering the high cost of living now.

 

[Setho]

You do not have to sack all your employees in the business before you can be able to save your business from recession. You should first of all try to stop every project that you are currently doing which might not be useful to the company in a short-term.

 

[greenie]

In general, there are two causes for the high cost of labor, namely the improper placement of machines and production equipment and a work atmosphere that is not conducive so that workers do not feel comfortable working. To reduce labor costs does not mean that companies reduce the number of existing workers. It is better if you make improvements to the placement of machines and equipment so that they can work effectively. In addition, fixing the workspace so that the workforce is more comfortable and productive. all of these things will have an impact on production costs.

 

[Smiles20]

You absolutely do not need to deprive any body of his position in the company before you can save it from bankruptcy. First of all you will have to access where the company is going and try to stop some projects that are not needed at the moment.

 

[Ghost]

Businesses reduce staff to cut costs and align their employee numbers with the amount of work that's available. There are two main ways to reduce staff: permanent layoffs and temporary layoffs. In a permanent layoff, a small business usually targets a certain group, such as poor performers, the newly hired or those earning the most money.

This is very true. When the needs arises to cut down number of employees so as to save the company, the less important staffs are always targeted. This is why I tell people, try not to be dispensable

 

[CeeJase]

In general, there are two causes for the high cost of labor, namely the improper placement of machines and production equipment and a work atmosphere that is not conducive so that workers do not feel comfortable working. To reduce labor costs does not mean that companies reduce the number of existing workers. It is better if you make improvements to the placement of machines and equipment so that they can work effectively. In addition, fixing the workspace so that the workforce is more comfortable and productive. all of these things will have an impact on production costs.

If you are struggling with paying a lot of salaries as a result of having too many workers it is very important that you lay off a lot of them that I'm not important to the business survival so that you can cut your cost.

 

[Heatman]

Thats while we preach independency, owning your business to avoid suituations like this, as long as you dont decide when income enters your account, the business can take a new turn. The managers decision is for the future best.

When you have a lot of stuff who are not doing anything serious for you I don't see the reason why you should keep paying them salaries so I believe it is the best thing for you to cut them off or reduce their expenses that you are having.

 

[Sotherefore]

If This is happening in your business organisation then the business is rather reducing in progress rather than growing .because normally a growing business won't like to reduce the number of employee to fit into the available amount of money they have to pay.

 

[Kaffyfolla]

When your company is in a financial strain, finding a way to cut costs is invariably one of the first solutions any business owner will consider. Considering cutting costs makes the business owner carefully evaluate their business to determine the best area in which a cost-cut will be most beneficial. Since the cost of hiring labor is continuous, many business owners will try to offset their business expenses by cutting labor costs.

 

[Heatman]

Yes it is a must to reduce the number of staff on payroll to reduce cost, imagine the average scalar is 50,000 but you have 10 workers and you are paying them 30,000, normally if you know you can do with just 6workers and the 50,000 salary will be constant, it is advisable to just reduce the workers and increase the salaries of the remaining ones to make them happy.

If you are definitely having so many people to pay money by the end of the month when there is no increase in productivity in your company I believe that it is the best thing for you to cut off those ones that are not committing much benefits to the company.

 

[CeeJase]

It is not a must to reduce total number of staff on your payroll in order to cut down cost. Sometimes many staff could be to your advantage when they are all productive and hard-working but why would you keep an unproductive staff on your payroll?

One thing that is very important when it comes to hiring people to work for you is to make sure that you hire does that we increase the productivity in your company because it is the only thing that matters.

 

[Lucy ID]

If reducing the number of persons on the payroll is what is necessary for the betterment of your business then why not but it's not a must you have to you can still find ways to go about it before resulting on that.

 

[Syldan]

When necessary it should be done but not mandatory even though sometimes the number of workers will over shadow the level of workforce which is supposed to be done by few. For that expenses will be much with low productivity.

 

[Shigobad2020]

In order to reduce the cost of spending in an organisation , I beleive the best way I to reduce the number of workers in the organisation or rather increase the production in order to be able to pay the workers conveniently.