Layoffs: Practical Pointers for Employers – Webinar from LeClairRyan

VT KnowledgeWorks corporate sponsor LeClairRyan will hold a Layoffs: Practical Pointers for Employers in the Economic Downturn webinar on Thursday, February 26th, 2009, 12:00 noon – 1:30 p.m.

From the Virginia Tech Corporate Research Center eNewsletter:

Join LeClairRyan for a 90-minute webinar to learn about the key issues you face when downsizing your workforce becomes a possibility.

In today’s competitive economy, hiring the best and brightest is a strategic differentiator for the best companies. However, organizational benefits are not completely achieved until those employees reach full potential. Until then, your efficiency and profitability are marginalized. The challenge is: How do you ensure those individuals are fully productive as fast as possible?

No business ever hires an employee with the thought of letting them go. Yet, more than a half a million workers were laid off this past December and even more are predicted to be let go this year as the economy continues to wreak havoc.

If your company is faced with taking drastic measures, including large layoffs, what would a reduction in force (RIF) mean for your business? The National Law Journal reports that workplace class-action lawsuits will remain a hot topic in 2009, with the economy creating "the perfect storm" for Fair Labor Standards Act, Age Discrimination in Employment Act, and Worker Adjustment and Retraining Notification (WARN) lawsuits. 

Layoffs are tough enough, and smart employers will stay in compliance to avoid costly claims and lawsuits in the aftermath of the RIF.

Webinar registration is required by 5:00p.m. Wednesday, February 25th.

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