Compassionate Downsizing: Making the Business Case for Education and Training Services
Sophia A. Muirhead
Between January 2001 and August 2003, corporate America announced approximately 4.3 million job cuts. This report analyzes the results of a survey of senior human resources executives regarding recent layoffs and the offering of education and training benefits to downsized employees.
- When the Economy Slumps, Downsizing is Up
- How Many Positions is Too Many to Eliminate?
- Downsizing May Actually Increase Costs?
- Helping the Displaced: Traditional Outplacement Versus Transition Benefits
- Types of Assistance Offered
- Managing Education and Training Benefits
- Why Educate and Train Transition Workers?
- Transition Benefits Equals Win-Win Situation
Full Report Also Includes:
- Key Findings
- Case Studies of Exelon Corporation, J.P. Morgan Chase & Co., and Kellogg Company
- Federal and State Funding to Support Transition Benefits
- Profile of Survey Respondents
- More Than 25 Tables and Charts