Ethics Essay Example | Topics and Well Written Essays - 500 words - 17

morals - Essay ExampleSeverance packages or early retirement extracts as a method of reduce payroll costs can have severe consequences on the organization, especially in terms of motivating to work to business expectations. Even though the package was tempting to the exiting employee and they decided to take it, there argon members of the organization who have worked with these exiting colleagues each and every workday. Socialization is bound to be impacted, in relation to the employees smack of belonging in the organization, creating difficulty in adjustment for the remaining workers. The HR manager is often the psyche who develops and offers these early retirement plans, under pressure at the highest levels, and they must also balance their regular tune role as the employee champion responsible for issues of motivation and performance. Sudden drops in employee volume, due to the need to decoct payroll costs, can over-burden the workers with consolidated jobs roles and creat e rifts where positive socialization used to exist.Layoffs can send jerking waves through a local economy when a company that downsizes is large and when several firms choose to downsize at the same time, in the same region (Piturro, 1999, p.39). These shock waves can be measured by the higher(prenominal) levels of unemployment in the local area, along with less-quality consumer lifestyles caused by income reductions, as well as loss of commerce at multiple levels, consumer and business-to-business. Early retirement packages are attempts at avoiding situations where local economies suffer, where employees are given incentives to take the option (as far as satisfying their emotional needs), and to improve the companys bottom line. This is a study benefit, rather than the disadvantages which were discussed earlier, because it reduces the shock waves which often occur when