Manage Separation and Termination - Assignment
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Added on 2021-02-21
Manage Separation and Termination - Assignment
Added on 2021-02-21
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Manage Separationor Termination
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1Alternatives of the retrenchment.................................................................................................1TASK 2............................................................................................................................................2If I had to retrench any staff, what SERVICES should I provide them with..............................2TASK 3............................................................................................................................................3Explanation of the case that should fair to all the parties...........................................................3TASK 4............................................................................................................................................3Counselling plan for the employees............................................................................................3TASK 5............................................................................................................................................4Exit interviews and its advantages and disadvantages................................................................4REFERENCES................................................................................................................................7
INTRODUCTIONTASK 1Alternatives of the retrenchment.Retrenchment:- it means to legally terminate the employees to reduce the work force in theorganisation. This done when the company have excess staff which is not required and due tothat company is suffering from the loss (Busch and Milrod, 2015). This is a legal term whichmangers use to terminate the employees. This the process of discharge the surplus staff.AGRICO is suffering from the same problem of the excess employees and loss due to thoseexcess employees. There may be several alternative of the retrenchment some of these aredescribed below.Sr. no. AlternativeAdvantage Disadvantage1Reduce the cost of the production-Firm can reduce the cost of theproduction so that it gives low costproducts and it may increase therevenue of the firm and it alsoreduce the expenditure incurred onthe the production (Tøssebro andWendelborg, 2017).It will help to reducethe cost of theproductionwhichdecrease the per unitcost of the productionand increase the profitover the product. Decrease in the cost ofproduct may cause ofthe decrease in thequality of productwhich may decreasethe demand (Coleman,2015).2Reduce the working- reduction ofthe working hour of the employees.It will reduce the conflict among theworking.It will help in thebetter understanding ofwork to the employeesand reduce the in workconflictReduction of the timewill cause thereduction of theproductivity of theemployeesandincrease free time.3Reduction in remuneration- reducethe wages and salary given to thelabour and employees (Baum, 2019).It help to reduce thedirect expenses of theemployees and reduceIt will decrease themorale of theemployees and they1
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