Overview
When a nonprofit organization faces a significant funding shortfall, strategic options for restructuring or rightsizing the staff become crucial. This session will review the following key considerations and best practices if workforce reduction is deemed necessary.
- Strategic options for restructuring
- Short-term options
- Long-term options
- Best Practices for Workforce Reduction
- Optimal timing
- Comprehensive separation agreements and off-boarding support
- Financial impact analysis
- Maintaining employee morale
- Legal considerations
Presenters
Karen R. Schuler, Partner – Search, Transition & Planning, Marcum LLP
Patricia E. Williams, SPHR, SHRM-SCP, Partner – Managed Human Resources, Marcum LLP
CPE CREDITS
| Program Description | Managing Workforce Reduction: Best Practices for Responsible Rightsizing |
| Important Notice Regarding CPE: | |
| Learning Objectives |
At the end of this course, the attendee will be able to:
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| Instruction Delivery Method | Group Internet Based |
| Recommended CPE Credit | 1 Credit |
| Recommended Field of Study | Personnel/Human Resources |
| Prerequisites | None |
| Program Level | Basic |
| Advance Preparation | None |
| Cancellation Policy | You may cancel your registration at any time prior to the event. |
| Complaint Resolution Policy | For more information regarding refund, concerns and program cancellation policies, please contact our offices at [email protected]. |
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Marcum LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org. |
