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Better practices in managing layoffs
Author(s) -
Feldman Daniel C.
Publication year - 1994
Publication title -
human resource management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.888
H-Index - 94
eISSN - 1099-050X
pISSN - 0090-4848
DOI - 10.1002/hrm.3930330206
Subject(s) - severance , layoff , retraining , business , unemployment , labour economics , job loss , displaced workers , public relations , finance , economics , economic growth , political science , earnings , international trade
This article presents eight case studies that illustrate “better practices” in how layoffs are managed in organizations. These examples incorporate such policies and programs as early notification of layoffs, provisions for severance pay and extended benefits, education and retraining for displaced workers, outplacement assistance, clear and direct communication of layoff information, and support services for “survivors” of layoffs. These examples highlight the benefits of collaboration among downsizing businesses, public sector organizations, and unions in helping laid‐off employees adjust to unemployment and obtain satisfactory reemployment.