What are The Benefits And Penalties of Corporate Right？Sizing?
The benefits of right？sizing are efficiency and cost reductions
by streamlining equipment, services and labor. The downsides are
from increases in unemployment, reduced office diversity, and hard
to quantify losses from human experience of senior staff that were
let go.
Related Q&A：
How do you decide what benefits to give to staff What factors do you take into account？Well, there are several things we consider. First off, we look at the performance of the staff. You know, if they're doing a great job and meeting or exceeding expectations, that's a big factor. Then, we think about how long they've been with the company. Loyalty counts, for sure! Also, the market standards for similar positions and companies come into play. We don't want to fall behind and lose good people because our benefits aren't competitive. And of course, the financial situation of the company has to be taken into account too. We gotta make sure we can afford the benefits we offer.
