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Reply to "What happens if large percentage take the buy out? "
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[quote=Anonymous][quote=Anonymous]It is always pending mgt approval. My old company way back we did an exercise where we had 3,000 employees and sr. Mgt with HR and review of Performance reviews on a paper print out in a conference room "red circled" 10 percent of company. Meaning Dead wood, excess worker, over paid, bad performer. Then we went back a second time and "double red circled" the worst of worse to get to bottom 5 percent. We then did a program similar to this. Anyone doubled redcircled we accepted resignation instantly. Anyone one redcircle HR briefly took a look. We off loaded around 5 percent of company. Pretty much open to all to apply. The double red-circled people we then wrote up and fired one by one and they went out in a less dignified way. We were a union shop so to fire people a real pain proving it. Better if dead wood took a deal [/quote] lol except the actual RIF or VERA deal is better than this one. try again! [/quote]
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