Final Essay Outline

Final Essay Outline - What will you do to get ready for the...

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What will you do to get ready for the layoff? To get ready for the layoff I will communicate to employees that a layoff will take place. While this should be done in the middle of the week I will hold an office meeting on Thursday the 11 th to inform employees as soon as possible that a layoff will take place because of a financial crisis due to mortgage investment vehicles. Accurate information about the layoff will be provided to external clients as well as the workforce. Once it has been communicated that there will be a layoff I will develop layoff criteria based on seniority first because those qualifications are objective and then I will base layoffs on performance, many companies avoid using. The next step is to create letters of notification, employee separation agreements, ADEA documents and sheets, Cobra Letters, information about unemployment insurance, and gather all paychecks. Verification letters will be made out of courtesy and severance will be determined based on the length of time it will take to find a new job. What will happen during the layoff?
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This note was uploaded on 03/18/2009 for the course MGMT 4010 taught by Professor Jennings,t during the Fall '08 term at Colorado.

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Final Essay Outline - What will you do to get ready for the...

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