HR Strategy: 6 Alternatives to Layoffs

Many employers are wondering if they need to consider a reduction in force in 2023—or sooner. Laying off employees isn’t always necessary to cut costs, though. MP’s HR experts developed a brief with six alternatives to layoffs. These options will save money for employers and minimize damage to employee morale.

Download the Brief to:

• Learn how to significantly reduce costs over a short period of time 
• Understand compliance concerns related to reducing employee work hours 
• Outline how to implement job sharing, sabbaticals, and other tactics to reduce hours and institute pay cuts 
• Find out best practices for implementing furloughs