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

A Public Service Profile on Strategically Addressing Our Community’s Needs

Chris Coudriet - New Hanover County Government
Jane

It’s Child’s Play

Jane Morrow - Smart Start of New Hanover County
Burrus rob headshot 300x300

UNCW CSB’s 42nd Annual Business Week: Business Students Reflect on Their “Why”

Robert Burrus - Cameron School of Business - UNC-Wilmington

Trending News

Vantaca’s Balancing Act

Audrey Elsberry - May 17, 2024

Channel, UNC Law School Aid Wilmington Small Businesses

Audrey Elsberry - May 16, 2024

Developers Mark Opening Of $78M Apartment Project At Riverlights

Staff Reports - May 17, 2024

Two Apartment Projects Pitched For Kerr Avenue

Emma Dill - May 17, 2024

As Hurricane Season Heats Up, How Do Builders, Laws Prep Homes For Storms?

Emma Dill - May 17, 2024

In The Current Issue

Restaurants Serve More Outdoor Space

Outdoor dining spaces add another dimension to dining in the Port City and, in some cases, take a restaurant’s brand to new heights. ...


Topsail Island Museum Offers New Exhibit On Black Heritage

Ocean City Beach was established in 1949 and became the first community in the state where Black people could purchase oceanfront property....


Area YMCA Continues To Expand

The YMCA of Southeastern North Carolina has about 13,000 members; approximately 11,000 live in the greater New Hanover County area....

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

2024 Power Breakfast: The Next Season