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Host: Ron Sonenthal, Partner - Deloitte Tax LLP
1 Intermediate CPE Credit: Personnel/HR
Layoffs can be disruptive anytime, but especially in a down economy. What key issues can you prepare for in advance? We'll discuss:
- Operational objectives, including achieving performance levels with fewer employees, deciding who does what job, modifying business processes, incentives for remaining employees, and additional cost reduction ideas.
- Human resource considerations, including communicating with employees, identifying layoff candidates, weighing options for expatriate employees, and using independent contractors.
- Employee benefits and tax issues associated with severance policies, 401(k) plans, continued health coverage, and fringe benefits.
Gain new insights on minimizing the disruption of layoffs, addressing potential legal and regulatory risks, and still taking care of business.
Please note: CPE credit is not available for viewing archived programs.
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