Downsizing

While we do our best to focus on the advancement of a business, just like our clients, there will be times when a recession has occurred and an organisation must make sacrifices to stay afloat. Making these hard decisions may include transferring people or groups within the business and retraining them to fit another position or potentially searching for new employment. In corporate settings, downsizing is reducing the number of employees, although it is different from laying off since it is planned to be a permanent cutback. Cost-cutting is employed to lessen expenses while growing profitability, which can come in many forms such as laying off personnel, reducing salaries or switching to cheaper health insurance. Companies can also downsize their properties, reduce monthly bills that are spent, modify hours of service, and renegotiate any debt that is owned.

 

Downsizing

 

At SRS Group, we can aid both businesses and their employees in the process by clearly identifying strengths and restrictions as well as evaluating whether or not someone is suitable for a position in or out of their organisation. Furthermore, if an individual wishes to take advantage of "redundancy" to become successful, we can pinpoint exactly where they should concentrate while also suggesting what sort of job industry allows them to use their strong points.

DOWNSIZING

When a person is searching for new employment, we can be of assistance by assessing the demands of the potential job with reference to their personal profile. This helps us illustrate to their prospective employer which aspects of the role the individual will best fit in and where they will require guidance.

From a company’s point of view, it is vital that these retrained individuals are the correct people for the future of the business.

At SRS our tools allow us to look objectively and impartially at each and every individual to reduce the risk that the retention of employees is based on their popularity within the company alone, and instead look in more detail at what would be best for both the organization and the individual in question.

CONTACT SRS

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