If your company does not earn a considerable profit or that you lost an amount of money that you will not be able to cover up any sooner, you will have to think about reducing the expenses you have. If removing unnecessary electricity and equipment usage do not help you, you last option will be to downsize the staff. There will be a lot of trouble and you will lose the trust of the employees that you will ask to resign. But if you conduct the layoffs properly, you will be able to secure the bonds with the employees. Here are some ideas that will help you when downsizing your staff.
Select the people
You will have to check the performance of the employees and recognize the ones who will not have a severe effect on the company’s performances if they were removed. Be fair and unbiased- you can check the monthly and annual reviews and reports which might help you to come across the employees who are negligent and has a history of incomplete activities. Check the contracts of the employees to find if they have an agreement to work for a particular time period, whether they were interviewed via relocation experts at Home Hunters Relocations, if their salary payments are completed, etc.
Meet them in person
If you meet the particular employees face-to-face and explain them the situation, there is a higher chance of them understanding the situation rather than calling them to inform that their service is no longer needed. Meet the employees and try to be kind and polite. Explain that your company has no other choice but to downsize the staff and if they are interested in talking, get to know if they are connected with corporate relocation services that can help them in finding an employment.
Give them time
You cannot ask the employee to leave the company with a quick notice, especially if he has been working for quite a long time. Have the meeting at least a month before, which will allow them to look for a job soon. You can even provide career guidance and counseling so that they can learn from their errors and perform better in the next workplace. If you have a training session on how to face an interview and teach soft skills, it will become the best method of demonstrating sincerity and gratitude for the service they provided.
Keep these ideas in mind and be humane when dealing with the employees https://plus.google.com/102234172969781965297/about. Maybe they were dreaming of climbing the ladder of success by staying loyal to your company so in such a scenario, you will have to deal with people with compassion.