This is not technically HR. I was the CFO of a company and I oversaw HR. I ended up in a meeting with some consultant who promised we could cut costs. His program was simple. Most of our employees were paid $12 hourly. The consultant suggested we fire everyone at the $12 level and then offer to rehire them at minimum wage or $7.25 per hour. I pointed out that these people couldn't accept such a cut in pay due to potential hardship. No problem as the consultancy had a team that would help our employees get food stamps, housing subsidies and other government assistance. The CEO was sold and loved the idea. It took me a week to talk the CEO out of it by pointing out that the team we had was excellent and dedicated. They made our company work and screwing them over would be nothing but bad. Sadly, many companies use this program to get US taxpayers to subsidize their payroll.
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from Quora http://ift.tt/2lqCQmw
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