Reference no: EM132889033
Question:
You have now reviewed different waste management industries and companies, there is a need to develop a plan that supports reducing 30% of the workforce in a waste management company. This involves preparing the steps and timing to implement this downsizing need. A roleplay of how employees will be notified of the job loss is to be included in the plan.
This is the first restructuring process and surely the first pandemic. The senior managements wants a plan in advance of a meeting with the company owners. The request is to reduce employee direct costs by 30% effective June 1, 2021. The approach should be practical and creative, making sure there is a process that is fair and transparent with minimal impact on customers.
To develop this plan, select one company in a waste management industry . Based on this selection, identify the total number of employees currently working at this selected one company. This will be an estimate of the full range of work in the Canadian operations.
A starting point is to compile relevant information (a template chart is provided) in order to estimate the size of the current workforce in order to develop the downsizing plan:
Levels of Work # of jobs # of employees Total Payroll Cost
Senior Management
Managers
Team Leaders
Specialists
Support Contributors
Front line staff
TOTAL
Downsizing 30% less
Note: the levels of work are a starting point, but there should be no more than 10 different groupings of work.
As downsizing plan is developed for the one selected company in a waste industry, identify what, if any, differences are required for the other industries. Outline why these differences are necessary to consider specific to other industries. If there is no difference then state that finding.
1. Downsizing Plan:
- Identify the criteria you will use in deciding how to downsize.
- Provide the 30 % downsizing scenario for management's approval with financial calculations and risks.
- Outline the steps and timing you recommend implementing these actions
- Describe any differences needed to use this plan in other industries
2. Role Play:
- Prepare 3 top questions with an employee asking/ getting follow up clarification and a company representative providing the answer.