top 10 lessons learned : layoffs

17
Top 10 Lessons Learned: Layoffs Nora A Burns, SPHR www.insightfulendeavors.com Twitter: @NoraBurns / @PHRSPHR Direct Phone: 303.862.2697 © 2009 Insightful Endeavors International, Inc

Upload: insightful-endeavors-international-inc

Post on 10-Jun-2015

535 views

Category:

Business


0 download

DESCRIPTION

Top 10 Lessons Learned : LayoffsMany companies - large and small - are having to layoff employees for the very first time. Doing this challenging task poorly can lead to a plethora of complications down the road.

TRANSCRIPT

Page 1: Top 10 Lessons Learned : Layoffs

Top 10 Lessons Learned: Layoffs

Nora A Burns, SPHR

www.insightfulendeavors.com Twitter: @NoraBurns / @PHRSPHR

Direct Phone: 303.862.2697

© 2009 Insightful Endeavors International, Inc

Page 2: Top 10 Lessons Learned : Layoffs

Now More Than Ever

  Nonfarm payroll continued to decline in June (-467,000)

  Large declines in manufacturing, professional & business services and construction

  Unemployment rate 9.5%

  14.7 million people

  4.4 million of those are “long-term unemployed” (27+weeks)

Bureau of Labor Statistics - US Department of Labor - July 2, 2009

Page 3: Top 10 Lessons Learned : Layoffs

Unemployment Rate by Segment

  Adult Men: 10%

  Adult Women: 7.6%

  Teenagers: 24%

 Whites: 8.7%

  Blacks: 14.7%

  Hispanics: 12.2%

Bureau of Labor Statistics - US Department of Labor - July 2, 2009

Page 4: Top 10 Lessons Learned : Layoffs

EEOC Complaint Trending

 Pregnancy Discrimination Charges

  FY 2004: 4,887   FY 2005: 4,730   FY 2006: 4,901   FY 2007: 5,587   FY 2008: 6,285

 All Statutes (Title VII, ADA, ADEA and EPA) Charges

  FY 2004: 79,432   FY 2005: 75,428   FY 2006: 75,768   FY 2007: 82,792   FY 2008: 95,402

US Equal Employment Opportunity Commission

Page 5: Top 10 Lessons Learned : Layoffs

EEOC Complaint Trending

 Sex-Based Charges   FY 2004: 24,249   FY 2005: 23,094   FY 2006: 23,247   FY 2007: 24,826   FY 2008: 28,372

 Race-Based Charges   FY 2004: 27,696   FY 2005: 26,740   FY 2006: 27,238   FY 2007: 30,510   FY 2008: 33,937

US Equal Employment Opportunity Commission

Page 6: Top 10 Lessons Learned : Layoffs

Lesson 1: The Buyout

© 2009 Insightful Endeavors International, Inc

Page 7: Top 10 Lessons Learned : Layoffs

Lesson 2: Early Retirement

© 2009 Insightful Endeavors International, Inc

Page 8: Top 10 Lessons Learned : Layoffs

Lesson 3: Role of Empathy

© 2009 Insightful Endeavors International, Inc

Page 9: Top 10 Lessons Learned : Layoffs

Lesson 4: The Tee-Up Counts

Page 10: Top 10 Lessons Learned : Layoffs

Lesson 5: Be Real

“If this were a real financial emergency…..layoffs would be greater than [11%]”

-Executive of firm that had just cut 24 of their 224 positions

Page 11: Top 10 Lessons Learned : Layoffs

Lesson 6: When

Source: Employment Spectator April 14, 2009 http://www.employmentspectator.com/2009/04/update-laying-off-nurses-immediately-does-not-mean-during-surgery/

Page 12: Top 10 Lessons Learned : Layoffs

Lesson 7: Who

© 2009 Insightful Endeavors International, Inc

Page 13: Top 10 Lessons Learned : Layoffs

Lesson 8: Speed

© 2009 Insightful Endeavors International, Inc

Page 14: Top 10 Lessons Learned : Layoffs

Lesson 9: Appreciate Differences

© 2009 Insightful Endeavors International, Inc

Page 15: Top 10 Lessons Learned : Layoffs

Lesson 10: The Survivors

© 2009 Insightful Endeavors International, Inc

Page 16: Top 10 Lessons Learned : Layoffs

BONUS Lesson: Options

Source for Quote: inlandsocial.com June 24, 2009

Page 17: Top 10 Lessons Learned : Layoffs

Thank you!

Contact Information:

Nora A Burns, SPHR

[email protected]

www.insightfulendeavors.com

Twitter: @NoraBurns / @PHRSPHR

For a list of our upcoming programs please visit:

www.insightfulendeavors.com/calendar

© 2009 Insightful Endeavors International, Inc