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Layoffs: How To Conduct Them Properly And Potentially Avoid Them Altogether

HR Tech Girl

Be sure to clearly communicate those benefits with your employees, too. Offer outplacement services As part of the severance package, consider offering outplacement services such as career coaching, resume writing, and job search assistance.

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What Is the Difference Between a Voluntary Retirement and a Layoff?

Careerminds

Layoffs are often based on factors such as seniority, job redundancy, or overall business needs, and employees are typically provided with severance pay and other transitional support like outplacement services. Control Voluntary retirement: Employees can choose whether to participate in the program.

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Best Practices for Facing Tough Budget Choices

Cupa HR

Enacting graduated, intermittent furloughs for all non-academic employees, which provided the funds for the voluntary retirement incentives. Consider a workforce-planning workshop. Contracting with an external vendor to provide outplacement services, including training and interviewing skills.

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How HR Capabilities Evolve with Business Growth [+ 5 Tips for HR Leaders]

AIHR

HR drives these changes for the workforce, aligning workforce capabilities with new business directions and developing reskilling programs to enable execution. Primary HR capabilities: Change management , strategic workforce planning , and reskilling / upskilling.