Follow Andy Linkedin
Email Andy Email
Human Resources
Jan 31, 2023

Avoid Layoffs: Expert Hiring and Selection Advice

Sponsored Content provided by Andy Almeter - President, Leath HR Group, LLC

As the list of companies announcing layoffs continues to grow, I feel it's sensible to point out that layoffs are tough business decisions with very high stakes. But how do we go from a market of rapid hiring to mass layoffs? And what can we do about it? Buzzword alert…it comes down to being intentional with your workforce planning. Hiring should be just as much a calculated business decision as layoffs
 
At Leath HR Group there is no such thing as "business as usual". The days of automatically backfilling a vacancy with a replica persona should be over. Instead, we recommend our clients take these opportunities to perform an organizational assessment. Organizational assessments are a chance to audit [and evolve] your current structure, team members, open positions, budgets, strategic growth plans. These studies dive into current labor market fluctuations and compensation benchmarking to ensure your company is appropriately positioned to attract and retain the top talent. While we recommend detailed assessments be done proactively on an annual basis, abbreviated assessments should be developed and executed every time a vacancy emerges.    
 
Here are a few basic questions to ask:

  1. Are all roles providing top-of-skill value to the company? 
  2. Are there any roles that have evolved? 
  3. Are the people in the right roles?
  4. Are there opportunities to restructure?  
 
Hiring an employee is making a major commitment to them and their family, laying employees off can have negative impacts on company culture, productivity, and is detrimental to the affected worker and their family. At Leath HR Group we know that salaries are a primary operating expense and your people are your most valuable asset, so we approach the hiring process with a business mindset first to ensure the company is ready for the investment.  
 
Instead of spending hours trying to figure out where to start - give us a call, we can help customize talent strategies that work for your business, by the best in the business. 
 
Welcome to Business Unusual with Leath HR Group!

Ico insights

INSIGHTS

SPONSORS' CONTENT
Chris coudriet

Community Input Is Crucial To Guiding The Model Of Good Governance

Chris Coudriet - New Hanover County Government
Untitleddesign5

Unlocking Potential: The Power of Business Peer Groups

John Monahan - Vistage
Headshotrosaliecalarco 1182131047

A New Take on an Old Scam

Trending News

EPA Makes $3B National Announcement At Port Of Wilmington

Audrey Elsberry - Feb 28, 2024

OsteoStrong Opens On College Road In Wilmington

Emma Dill - Feb 28, 2024

Patricia Kusek Resigns From Endowment Board

Audrey Elsberry - Mar 1, 2024

Polyhose To Double The Size Of Its Wilmington-area Facility

Emma Dill - Feb 29, 2024

Report Finds Economic, Environmental Impact Of N.C. Railroads

Audrey Elsberry - Feb 29, 2024

In The Current Issue

Born To Create Affordable Housing

The competition is stiff, and the work is hard, but Stephanie Norris wouldn’t give up her job for anything....


Fallout From Natural Disasters, Pandemic Puts Strain On Insurance Companies, Consumers

New arrivals to the North Carolina coast are often pleased with the amount of house they can buy here from the proceeds of their home in lar...


Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2023 Power Breakfast: Major Developments