ADMS 3430 Lecture Notes - Lecture 9: Psychological Contract, Family Therapy, Interactional Justice
22 Apr 2015
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Chapter 10: downsizing and restructuring: downsizing: strategies to improve an organization"s efficiency by reducing the workforce, redesigning the work, or changing the systems of the organization, survivor: an employee remaining with an organization after a downsizing. Downsizing paradox: downsizing is done with the intention to cut costs for labour in the future, considerable evidence that workforce reduction fails to meet its objectives, from text: (according to pfeffer), layoffs don"t even reliably cut cost. Adjusting to job loss: advance notification of layoffs, severance pay and extended benefits, education and retraining programs, outplacement assistance, clear, direct, and empathetic announcement of layoff decisions, consideration of hr planning practices that represent alternatives to. Job search support: family counseling, retraining assistance large-scale layoffs. Consequences of downsizing: many downsizing efforts fall short of meeting organizational objectives, may lack strategic plan or well thought out consequences to individuals & employer, high human costs result, future problems in attracting and retaining employees.
