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Short Report: Strategic HRM avoiding redundancy - Essay Example

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Many organizations cannot avoid the process of redundancy but still many organizations are thinking creatively nowadays to reduce the cost at the same time not to make compulsory redundancy. The need for avoiding redundancy in the organization is that the recruitment process can…
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Download file to see previous pages cy through deferral of job offers made to the graduates by whom they can undertake some voluntary work at the same time it would help the fir to reduce the number of overheads. The organizations even offer the employees with voluntary sabbaticals; they even give the options of buying extra holidays, and make reduction in the work hours by keeping certain employees to work for full time. In order to avoid redundancy some organizations even freezes the recruitment process and retrain those employees in the organization who are at a verge of redundancy to be transferred to some other departments whether there is vacancies. They even try to get the idea about which are the employees who are willing to go for a voluntary retirement. The organization in a way of avoiding redundancy also removes discretionary benefits and makes reduction in salary at all levels and even ceases overtime payments. They even involve employees to give ideas about the ways in which the costs can be reduced in the organization. These methods form a part of Strategic HRM by which an organization avoids compulsory redundancy. Maintaining a career succession plan and having an improve performance management in the system helps the organization to avoid compulsory redundancies which is essential for the company to reduce cost.
The aim of this report is to see how career succession helps the organization to avoid compulsory redundancy. There are some specific methods that are adopted by some organizations to reduce redundancy in the company. Redundancy is a method used by some companies to reduce costs but this can even increase the cost in the form of new recruitments and their training process. Thus following some methods will help the company to reduce cost as well as avoid compulsory redundancy in the system.
Career succession planning is a continual and dynamic leadership optimization process. It helps an organization to reduce the costs which is incurred in recruiting or even promoting a ...Download file to see next pagesRead More
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