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Cutting Costs In A Down Economy

As business owners and operators, we work in the most challenging economic times of the last 50 years. Difficult decisions have to be made daily to ensure that we protect the health of our business, families and those of the people we employ. Whether due to the tough economic times or disciplinary issues, it is never easy to terminate an employee. Having specific guidelines in place will protect both employee and employer and assist sound decision-making. Determining which employees to terminate should not be based on a single factor but a holistic analysis. As a PEO, we help our clients navigate the process of reducing staff by determining where to make cuts, how to protect the company from litigation and where to look within the company to spread the workload.

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