1. Although this concept is relatively new in Malaysia, it is not so in more advanced countries where outplacement programmes are normally part of staff retrenchment exercises. 2. Aside from how to structure, communicate and implement a retrenchment exercise, the company must also analyse the after-effect on morale and productivity of the remaining employees. 3. Companies can minimise the negative impact of an unpleasant retrenchment exercise. 4. Employees, fearful of the last-in-first-out rule that often applies in any retrenchment exercise, are taking a more cautious view this year. 5. Employers are required to fill up forms available at all labour offices and give details of their impending retrenchment exercise. 6. Employers are also required to fill up forms available at all labour offices and give details of their impending retrenchment exercise. 7. Good industrial relations practice would require an employer to carry out a voluntary retrenchment exercise by asking for volunteers to leave the company with a certain package. 8. He refused to name the factory or state when it planned to carry out the retrenchment exercise. 9. He said the Immigration Department and the Police should be duly informed of such retrenchment exercises. 10. In a retrenchment exercise involving factory operators, for example, all operators will go in ascending order of seniority, regardless of whether they are productive or not. |
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