Download - 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
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
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
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
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
Lesson 1: The Buyout
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Lesson 2: Early Retirement
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Lesson 3: Role of Empathy
© 2009 Insightful Endeavors International, Inc
Lesson 4: The Tee-Up Counts
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
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/
Lesson 7: Who
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Lesson 8: Speed
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Lesson 9: Appreciate Differences
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Lesson 10: The Survivors
© 2009 Insightful Endeavors International, Inc
BONUS Lesson: Options
Source for Quote: inlandsocial.com June 24, 2009
Thank you!
Contact Information:
Nora A Burns, SPHR
www.insightfulendeavors.com
Twitter: @NoraBurns / @PHRSPHR
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© 2009 Insightful Endeavors International, Inc