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re: Reducing Payroll

Posted on 12/5/16 at 7:30 am to
Posted by DownSouthDave
Beau, Bro, Baw
Member since Jan 2013
7377 posts
Posted on 12/5/16 at 7:30 am to
If they fire people, they have to pay the pto, no?

By December, it is about all accrued.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35561 posts
Posted on 12/5/16 at 7:41 am to
I'd think so but I don't know the laws in his state.
Posted by LSUZombie
A Cemetery Near You
Member since Apr 2008
28905 posts
Posted on 12/5/16 at 7:46 am to
The easiest would be to cut 2 employees that make a decent salary and are expendable. See if you can merge their job duties with other employees.

When business picks up, do not hire anyone as full-time and look to add part-time employees you can release easier at the end of the year.

Plenty of people looking for secondary incomes.
Posted by LSUZombie
A Cemetery Near You
Member since Apr 2008
28905 posts
Posted on 12/5/16 at 7:46 am to
quote:

Cut management who do not bring in money anyway


Or admin and HR
Posted by CoolHand
Member since Dec 2011
2084 posts
Posted on 12/5/16 at 8:19 am to
quote:

If my company came to to us with this on an annual basis, it would take care of itself. People would walk with the quickness


And that's the problem with reducing hours across the board. You are going to lose the people that can find something else, i.e. your best employees.
Posted by Btrtigerfan
Disgruntled employee
Member since Dec 2007
21476 posts
Posted on 12/5/16 at 8:28 am to
1 hour unpaid lunch breaks across the board.

Some will work out of boredom.
Posted by JOHNN
Prairieville
Member since Nov 2008
4362 posts
Posted on 12/5/16 at 8:46 am to
Are there any employees that are at retirement and would like a severance package? I understand this wouldnt cut payroll for this year but it would be a step in fixing this for years to come.

If this has been going on the past 5 plus years, what have yall done before?
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 12/5/16 at 8:50 am to
quote:

If this has been going on the past 5 plus years, what have yall done before?


fricked their employees 5 plus times. Sounds like a shite company.
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32507 posts
Posted on 12/5/16 at 8:57 am to
quote:

This exists?


I had 5 at my previous job (only 4 currently), but I'm not even 30 years old so I would assume I work with people who have 7 weeks of PTO.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 12/5/16 at 9:00 am to
Have a team vote







Or make them battle out for the spots with the Big Cat Drill
Posted by AUCE05
Member since Dec 2009
42568 posts
Posted on 12/5/16 at 9:05 am to
Having to reduce staff is always a reflection of managements inability to grow the business unit. I would do what is necessary right now, but have a discussion with my boss on the direction of your company.
Posted by redneck
Los Suenos, Costa Rica
Member since Dec 2003
53615 posts
Posted on 12/5/16 at 9:06 am to
quote:

70% of my employees are getting 7 weeks PTO/yr.


son of a bitch

can I get a job when you need to hire people back?
Posted by chris504
New Orleans
Member since Nov 2012
588 posts
Posted on 12/5/16 at 9:07 am to
If this is an annual occurrence to need to cut hours/staff every December-January....

Let 2 employees go. Better to only affect 2 employees by letting go the 2 least productive ones than to piss off everybody by cutting their hours by 20%. Not sure what industry you're in, but might cause you to lose good workers if they start looking elsewhere after you cut their hours.

Plus, when business picks up again and you need to re-hire, you can hire new employees that don't have 7 weeks PTO grandfathered into their employment contracts. And just let new employees know up front that they'll be furloughed around this time of the year and advise them to look for seasonal job. Plenty of Christmas related seasonal work they can pickup for a month or 2.
Posted by RedlandsTiger
Greenwell Springs, LA
Member since Jan 2008
2939 posts
Posted on 12/5/16 at 9:07 am to
Reduce their hours and put them on 'work share'. At least they get some money from unemployment.
Posted by Weekend Warrior79
Member since Aug 2014
16417 posts
Posted on 12/5/16 at 9:12 am to
quote:

70% of my employees are getting 7 weeks PTO/yr


Then you have to go with Option A. If you term 2 employees, you will have to pay this out.
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38550 posts
Posted on 12/5/16 at 9:17 am to
In business, you can't save your way to prosperity.

Sell more. This is the only way you or any company will be successful.
This post was edited on 12/5/16 at 9:18 am
Posted by LSU316
Rice and Easy Baby!!!
Member since Nov 2007
29310 posts
Posted on 12/5/16 at 9:19 am to
Yea so do you really need the 2 that you would be letting go?

Will you still make revenue and margins while meeting budget with the reduced staff? If the answer to that is yes then you have to go B and not look back. If the answer to that is no then maybe A is an option assuming you have to cut.
Posted by LSU316
Rice and Easy Baby!!!
Member since Nov 2007
29310 posts
Posted on 12/5/16 at 9:20 am to
quote:

In business, you can't save your way to prosperity.


Well for pure cost centers like IT or HR this is kind of a rigid statement.
Posted by Weekend Warrior79
Member since Aug 2014
16417 posts
Posted on 12/5/16 at 9:23 am to
quote:

My employees would burn this place down if they knew the bonus pay out of reported top 5 in company.


You work for a shitty company if they are looking to cut payroll to make their bonuses. I was slated for a 10% bonus at the end of last week, but because of a slow 4th Qtr I have been talking with the owner and we will probably skip bonuses altogether this year. Best case scenario is they will be 50% of what we planned to do before we re-evaluated the budget-to-actual figures.
Posted by ctiger69
Member since May 2005
30616 posts
Posted on 12/5/16 at 9:24 am to
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