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Of course, this situation is rare, but the incident has prompted HR pros to re-evaluate their policies as reported in The Wall Street Journal. “You have to be compassionate,” says Beth Steinberg at HR firm Zenefits. Offer outplacement services? No one wants to hear “You’re fired.” Is Friday the best day?
On the financial end, of course business benefits when highly compensated staff members make room for those less highly paid. Outplacement services. For industries developing an ERIP in response to economic conditions, offering outplacement services may be beneficial. The savings can be significant in the short term and long.
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