How do you deal with a massive layoff?

How do you deal with a massive layoff?

10 Strategies for Dealing With Layoffs

  1. Recognize It Will Be Painful. RIFs are upsetting and difficult to deal with for everyone.
  2. Remain Objective.
  3. Plan Carefully.
  4. Consensus Building.
  5. Treat Employees with Respect.
  6. Offer as Much Support as Possible.
  7. Communicate Candidly.
  8. Build resilience.

Can a company lie to not give you a raise?

Worse, you may hear this lie year after year. Not only does your employer fail to take you seriously, they do not see how stringing you along wrecks your confidence. Smart employers recognize the value of their employees, and they find a way to give them a raise. Even a company that is genuinely struggling should continue to invest in employees.

What does it mean when company does not give you a raise?

A raise means so much more than money. It is a tangible sign that the company cares about your success and that your hard work is paying off. It’s bad enough to not get a raise when you know you deserve one. I know because there were years when I met all my objectives, and my paycheck stayed the same.

Where are the layoffs coming from in 2019?

Reportedly, around half of the company’s layoffs will come from its home market of Germany, with slightly more than 4,000 jobs having already been cut through the third quarter of 2019, according to company data.

Who are the companies that are laying off workers?

Do-it-yourself home improvement giant Lowe’s (NYSE: LOW) is another brand-name company that announced it would lay off “thousands of workers” in 2019, albeit the company declined to offer a specific number of job cuts.

Worse, you may hear this lie year after year. Not only does your employer fail to take you seriously, they do not see how stringing you along wrecks your confidence. Smart employers recognize the value of their employees, and they find a way to give them a raise. Even a company that is genuinely struggling should continue to invest in employees.

A raise means so much more than money. It is a tangible sign that the company cares about your success and that your hard work is paying off. It’s bad enough to not get a raise when you know you deserve one. I know because there were years when I met all my objectives, and my paycheck stayed the same.

Reportedly, around half of the company’s layoffs will come from its home market of Germany, with slightly more than 4,000 jobs having already been cut through the third quarter of 2019, according to company data.

Is there going to be a pay raise in 2019?

The average pay raise in 2019 is expected to be about 3.1%, the highest since 2008, according to professional services firm Aon’s annual survey on U.S. salary increases, which is based on responses from over 1,000 companies. 1 Yet the amount that companies spend in their budget for so-called “variable pay”—including…