HRM 3430 Chapter Notes - Chapter 10: Absenteeism, Psychological Trauma, Job Satisfaction

• School: York University
• Department: Human Resources Management
• Course: HRM 3430
• Professor: Leigh Lampert

Document Summary

Chapter ten: downsizing & restructuring: survivors employees remaining with an organization after a downsizing, downsizing strategies to i(cid:373)pro(cid:448)e a(cid:374) orga(cid:374)izatio(cid:374)"s effi(cid:272)ie(cid:374)(cid:272)y (cid:271)y redu(cid:272)i(cid:374)g the (cid:449)orkfor(cid:272)e, redesig(cid:374)i(cid:374)g the (cid:449)ork, or changing the systems of the organization. Workforce reduction (short-term) cut the number of employees through attrition, early retirement, or voluntary severance packages, and layoffs or terminations. Work redesign (medium-term) focus on work processes and assess whether specific functions, products, and/or services should be reconfigured or changed. Systematic change (long-term) (cid:272)ha(cid:374)ges the orga(cid:374)izatio(cid:374)"s culture/attitudes and values of employees, with the goal of reducing costs and enhancing quality. Why do organizations downsize: declining profit, business downturn or increased pressure from competitors, mergers, resulting in duplication of efforts. Introduction of new technology: need to reduce operating costs, desire to decrease levels of management. Non-personnel costs energy conservation, reductions in travel, leasing of capital equipment.