Managing Redundancy

Download or read book Managing Redundancy written by Deepak Sharma and published by Educreation Publishing. This book was released on with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: It becomes necessary to look at redundancy management from a long term perspective where it may be considered as part of organizational renewal which is not only aimed at cutting cost (also read as reduced manpower) but a process in which employees of the organization are made active partner in identifying areas of redundancy and inefficiency, where trust and communication is not broken in the entire process and even if some roles/jobs have to be abolished the employees who were in those roles to be treated with dignity. As a consequence, workforce of tomorrow has to understand that they need to be high on 'employability quotient' where they may learn to manage their career in terms of learning new competencies as they grow in life and career. The book aims to understand redundancy through the eyes of labour laws including interpretation of statutes by Supreme Court, redeployment that may lead to talent from getting lost, VRS and role of HR in designing and implementing VRS & judicial perspective of Courts in interpreting VRS and its implementation, part played by HR in handling redundant positions/jobs and HR and its role in understanding and catering to needs of both survivors and victims of redundancy drive and managing employee exit.