Navigating Layoffs as a Business Owner

As the unemployment rate continues to climb due to ramifications of the economic shutdown; businesses must be diligent as they navigate this ongoing crisis.  Layoffs can be one of the most difficult tasks you face as a business owner or supervisor. Understanding how the process works will prepare you for any layoffs that your unit must initiate. Adequate planning and communication will have a significant effect on the employees being laid off, the remaining staff, and on clients who work with your employees.

It is vitally important, that layoffs are conducted in the most professional manner to help you attract the most qualified candidates when you are in need of increasing your labor force.  An employee/employer separation will be emotional, but through transparency will allow the employer to salvage the relationship in most cases thus preparing your company for success in the future.

Questco responsibilities during this time would be:

1.       Evaluate the reasons for layoff to ensure that they are consistent with employment program or bargaining contract requirements.

2.       Assist department with planning and managing complex layoffs.

3.       Determine rehire list and/or bumping options for classified non-union and contract covered staff.

4.       Ensure that the layoff notice is properly prepared and signed by the official who has the delegated authority to do so (typically the dean or vice president or equivalent official, or that individual’s designee).

5.       Ensure that the signed layoff notice is properly delivered to the employee.

6.       Determine, for classified staff, that the employee’s layoff option selection is properly recorded and acted on.

This will save you a lot of time and resources to help your business survive, rebuild and thrive when normalcy returns back to the workforce.

Questco partners with companies to reduce and solve problems in the areas of human resources, workers comp, risk management, employee benefits, payroll and consulting.

Through this partnership companies see an Increase Profitability, Maximization of Productivity, Reduction of Liability and time spend on transactional HR and affords them the ability of Providing Fortune 500 Benefits that otherwise they would not have access too.

The unknown is frightening.  When your company partners with Questco you’re choosing to work with a human resources partner that isn’t just outstanding based on its own opinion–but objectively rated by the most brutally-objective evaluators – the satisfaction of their customers.  Your business has thrived because you and your team have been committed to the success of your customers. As your business grows or faces the task of rebuilding, the complexity and burden grows as well. Keeping up with HR responsibilities can become expensive, time-consuming, and even overwhelming.

The good news is that things will get better.  When they do, Questco is there to help you rebuild your labor force through a plethora of HR Services such as: Payroll Services, Benefit Plans, Benefits Administration, HR Technology and Workers’ Comp & Safety Services.

Charlie Reeves, Senior Business Development Manager, has decades of experience in Human Resource Solutions.  He is one of the most senior members at Questco and recognized for helping clients of all sizes save money, improve labor efficiency and provide the strongest support for HR Services.  As an entrepreneurs himself, he has lived the long days and sleepless nights on the road to success.  He brings the skill and scale to support you in the pursuit of your goals.  For more information on payroll services, benefit plans, benefits administration, HR technology, workers’ comp and safety services email Charlie.Reeves@questco.net or contact him directly at 936.521.5841.