Most times when the company is running into loss the first thing they do is to reduce Lacoste of staff in the payroll by slashing the workers salary however it is a good idea but one has to look at different areas of the business before doing that because it might affect the productivity of the company.
Those who usually lay off their employees do not have a good heart at all and this makes it easy for them to take such critical decision without thinking about the effect.
Some lay of their workers not just because they want too but because they have no other choice. Some take this decision as a very last resort. Not everyone is heartless. I know of a company that before it crashed it tried to make sure they kept all their workers, they tried everything within their power but in the end, they had no choice but to let some go
It is not a must to reduce the total number of stars on your payroll to reduce cost in the organisation but if needs be for you to reduce staff then one can carry out such action but most times it reduce the productivity of the organisation.
Well the truth is, so.e businesses will require that you have some staff. If the company or business is experiencing some low input, then one of the option will be to reduce the pay if the staff however, if it won't solve the problem, you may have to let some people go.
I do not understand why you will employ a lot of staff than what the profits of the company can afford. The best thing is to reduce them to the numbers that is commensurate with the company's income.
Specially in pandemic times where the profit has been shrinking, It is wise to understand if any business takes such strict decisions. The business account to cut the expenses by expelling some of the stuff.
I understand with this too, that is why it is best for employed people to try and be investing their income and salaries so that days like these don't take them unaware.
Exactly, if they make plans for themselves, when such issues comes up, they would be better prepared to handle the situation. Many tend to be taken unawares because they have no plans
Probably due to not being properly informed financially and it is a very disastrous thing that could lead to eternal frustration, due to consitent brokenness.
The organization concerned would try their best to pressurize those few employees to cover up for the absence of those that have been sacked.
For them to do so then they will have to increase their salary as well because they are been subjected to more work that is not part of the agreement signed when they were employed
Not all organizations follow what is stated in the agreement employees sign. So if is best to not even talk about the agreement as they would just sack you.
In this pandemic period all the restaurants have cut down on expenses due to low customer load. They did not retrench workers. However, the workers come to work only half of the week like 3 days and the other worker works for 4 days. In other words the job is cut in half so the salary is also cut in half to accommodate all the worker.
I can't use because I want to secure my job and subject myself to work that is very tedious . It is the employees right to make the employer understand how he is feeling with respect to job description
