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Retrenchment Strategies In HR

Retrenchment Strategies In HR

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Published by Paramjit Sharma
described Retrencment,downsizing,VRS, early retirement strategies and turnaround strategies
described Retrencment,downsizing,VRS, early retirement strategies and turnaround strategies

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Categories:Types, Maps
Published by: Paramjit Sharma on Mar 01, 2013
Copyright:Attribution Non-commercial

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06/19/2014

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Retrenchment Strategies
 
What is Retrenchment?
Process of a company or organizationto
reduce
the number of people in itsemployment in order to match or meet
operational requirements.
 
Reasons of Retrenchment?
Employment Redundancy
Overstaffing
Increased Labour Costs
Technology
Merger or Liquidation

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