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Careerminds

11 May

How Much Severance Pay Should Employees Get in a Voluntary Layoff?

Voluntary layoffs are a great tool for organizations looking to reduce their workforce. They allow employees to self select that they are interested in exiting the organization, which can save your organization capital over the long run. Whether that be from a reduction in payroll or by reducing the impacts that an involuntary reduction-in-force can have on morale.

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10 May

Workforce Redeployment: What to Consider

Despite how we use the term in conversation, a layoff is meant to be a temporary reduction where individuals are let go but promised that they will be invited back if the organization can find new work for them. At the same time, layoffs can be avoided altogether if an individual is willing to change their role. Both of these moves fall under the umbrella term of workforce redeployment.

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09 May

New Research Looks Into the Impact of Having Two Jobs

In today’s world, holding down two jobs is very popular. 7.2 million people in the US have more than one job, after all. These individuals usually - but not all of the time - have a day job and a night job. For example, a teacher can also be a bartender in the evening to make ends meet. But how does that workload impact workers at home and in the workplace?

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08 May

Phased Retirement Mentoring: How to Retain Knowledge Across Generations

Implementing a phased retirement incentive can help your business in many ways. One of the biggest benefits, though, is that it allows your business to retain vital knowledge that the retiree has learned over the course of their long careers. However, to pull this off, you need to implement a phased retirement mentoring program to foster that transfer and train your organization's future leaders.

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07 May

WARN Act in Texas: How To Stay Compliant

Are you looking to layoff employees in the Lone Star State? You will need to make sure that you are compliant with the WARN (Workers Adjustment and Retraining) Act and other regulations within your area in Texas.

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