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16 March

When Should Companies Start Succession Planning?

Succession planning involves making sure that all roles at your organization are properly filled with the right talent and that there are no gaps in your workforce when someone steps down via retirement or any other type of offboarding.

14 March

Mentorship and Knowledge Retention: How to Retain Talent Over Generations

When a senior member of your staff starts to transition into retired life, it can cause serious problems for your workforce. Not only is that staff member likely an expert in their field, they also have developed specific skills for their role, meaning that one of the most important things a company can do when they have leaders starting to retire is to figure out a way to retain all of that vital knowledge.

12 March

Alternatives to Layoffs: Three of the Most Popular Methods

When it comes to saving money or optimizing a workforce, the first idea that pops into many of our heads is to start cutting back employee size by holding a reduction in force (RIF) or other layoff event. But are there alternatives to layoffs that could be used in these situations?

08 March

What Is Phased Retirement?

When it comes time for your senior staff members to start seriously considering retirement, HR needs to take a look at what options make the switch as easy as possible for both the staff member and the organization. One of the newest methods is phased retirement, but what is phased retirement and how can it help these areas?

07 March

How to Write a Layoff Letter (With a Downloadable Sample)

Layoffs can happen to any company. Whether it is because of financial issues, a move to rightsize the company, a preemptive layoff due to workforce planning reasons, there are tons of triggers for a RIF to occur. However, in order for all of them to go smoothly, you have to understand how to write a layoff letter that is both ethical and legal.

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