2 ms·
I think that is reasonable. "Folks our company didn't do well this year, we can only sustain X at out burn rate. We are willing to extend Y offer until Z date
by nojvek 10y ago
I think that is reasonable.
"Folks our company didn't do well this year, we can only sustain X at out burn rate. We are willing to extend Y offer until Z date for those of who are willing to volunteer for a lay off"
Much better than firing by force.
- aianus 10y agoWould this not select for firing your best workers (who aren't worried about finding another job)?
- talaketu 10y agoIt provides incentive for those disposed to leaving anyway.
- usrusr 10y agoIt does. But if you do the opposite, the layoff is likely to still inspire those best people to start looking on their own if they did not already do so before. And they are the ones most likely to find something and follow through. Layoffs often have an echo effect, where a wave of layoffs is followed by a wave of resignations. Open offers fold that second, unpredictable wave into the controlled first one. If the nature of your business requires a certain amount of workforce continuity, the added predictability of an open offer can be well worth it.