Tag: hiring freezes

Cost

Hiring Freezes Most Common Cost-Containment Strategy During COVID-19

By HR Daily Advisor Staff Apr 6, 2020 Coronavirus (COVID-19)

Updated: Apr 6, 2020

What a difference a few months make! At the beginning of 2020, all we could talk about was the candidate-driven market and how jobseekers held the upper hand in deciding who they worked for. Now, due to the coronavirus (COVID-19) outbreak, it seems employers are back in control, but they aren’t hiring.

Cutting Corners When Cutting Employee’s Hours Can Cost Employers

By Texas Employment Law Letter Feb 6, 2009 HR Hero Line

Updated: Feb 6, 2009

As surely as the word “layoffs” have become part of nervous break room conversations in companies across the country, enterprising employers have sought out creative alternatives to the standard layoff regime of cost-cutting. Using tactics such as hiring freezes, offers of unpaid leave, shortened workweeks, and even pay cuts, employers may be able to avoid […]