It’s easy to misunderstand the different types of cost-saving employment actions. Below is an infographic that illustrates the differences between a furlough, layoff and reduction in force.
CSH Advisors assist clients with the following cost-saving employment actions:
- Reviewing the pros and cons of layoffs, furloughs and reductions in force
- Develop a custom process for selecting individuals for a layoff or recall
- Considerations around the impact on culture
- Discussions around the client’s future ability to hire talent