This article was originally published in ASHHRA's HR Pulse Summer 2023 Issue.
Although most organizations begin the discussion around a reduction in force after consistent financial underperformance, the current financial climate may push an organization to make decisions to centralize or shed programs more rapidly. Protecting the workforce and mitigating risk when undergoing a reduction in force is crucial for healthcare organizations.
A&M Healthcare Industry Group’s Human Capital and Workforce Management Leader, Bianca A. Briola, shares strategies and leading practices for healthcare organizations in her recent article, “Weathering a Reduction in Force – Lessons Learned and Strategies to Mitigate Risk.”
Important lessons learned and advice for how to mitigate risks
- Educate and prepare leaders with talking points when communicating the reduction internally and externally.
- Ensure that all changes align with the overall rationale for the reduction.
- Be mindful of disparate impact on selected employees.
- Carefully formulate approach and messaging for staff on leave.
- Avoid formalizing a severance plan.
Read the Full Article
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