Chapter 6: Managing Employee Separations and Outplacement

Chapter 6: Managing Employee Separations and Outplacement
Challenges

After reading this chapter, you should be able to deal more effectively with the following challenges:

1. Identify the costs and benefits associated with employee separations.
2. Understand the differences between voluntary and involuntary separations.
3. Avoid problems in the design of early retirement policies.
4. Design HRM policies for downsizing the organization that are alternatives to a layoff; and, when all else fails, develop a layoff program that is effective and fair to the firm's stakeholders.
5. Understand the significance and value of outplacement programs.