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Alternatives to Downsizing
They say the definition of insanity is doing the same thing and expecting different results. If that is the case, are there viable alternatives to downsizing that could save the sanity of both employers and employees alike?
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Vacation-Sick Time-Personal Time Versus Paid Time Off (PTO)
When employers put together benefits packages for their employees, they include vacation, sick time and personal days. But what many employers are starting to do is instead of setting a specific number of days for each of these three benefits, they are offering Paid Time Off (PTO).
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Challenge No. 1: Getting us in the door
According to Penelope Trunk of TIME magazine, “Generation Y is forcing companies to think more creatively about the work-life balance.” And those employers who do are hiring more and more Gen Y employees everyday.
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