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A critical review of current thought on guaranteed employment practices
Author(s) -
Mink Oscar G.,
Morrow Rosemary,
Shindell Thomas J.
Publication year - 1990
Publication title -
human resource development quarterly
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.756
H-Index - 65
eISSN - 1532-1096
pISSN - 1044-8004
DOI - 10.1002/hrdq.3920010206
Subject(s) - layoff , ibm , corporation , business , job security , plan (archaeology) , management , marketing , public relations , finance , economics , unemployment , engineering , political science , economic growth , work (physics) , mechanical engineering , materials science , archaeology , nanotechnology , history
What do Lincoln Electric, Digital Equipment Corporation, IBM, Bank of America, Delta Airlines, and Hewlett‐Packard have in common? They all use no‐layoff policies because they are morally right and they are good business. This article discusses real job security or guaranteed employment. It describes the costs (for companies, communities, and people) of layoffs, offers specific techniques for companies to use to avoid layoffs, and provides rationales for adopting an employment security plan.