HR Expert Insights
Onwards & Upwards
Success Story: Alternatives to Layoffs
How a healthcare technology company saved nearly $1 million by avoiding layoffs.
As a result of fluctuating client needs, a healthcare tech company fell into a cycle of rapid hiring and workforce reductions. These constant staffing changes created a financial strain on the business and drained employee morale. To address the issue, the company developed an innovative system to leverage employee skill sets while accommodating their clients’ ever-changing needs. The company's proactive thinking led to fewer layoffs, greater cost savings, and improved employee morale.
Read the complete story to learn how they did it.
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HR Expert Insights
Jennifer Bender is a Strategic HR Business Consultant with more than 25 years of experience in senior HR leadership roles. She previously worked as the Senior VP of People Solutions at a healthcare technology company, where she oversaw the company's HR operations, ranging from acquisition to offboarding. This included managing complex layoffs and ensuring coordination among all pertinent teams. She also handled many projects related to outsourcing and reductions in force, totaling more than $10M in company savings.