July 2009
Search    

Making do with less | Focus

Focus not ratednot ratednot ratednot ratednot rated

Making do with less

by Ambika Puniani Bailey
Be the first to comment


During the current recession, I doubt there's a company—small or large—that hasn't contemplated laying off employees. And in the roofing industry, where skilled workers are hard enough to find, the decision to let employees go can be particularly painful if you know you'll have a difficult time finding such employees when the economy improves.

According to a recent BusinessWeek article, salaries and wages typically account for 60 to 80 percent of a small company's expenses. Such figures make it difficult to avoid considering layoffs as a cost-cutting measure.

But in most cases, layoffs are a last resort: Employers start shedding employees after all other cuts have been made, such as nonessential travel, office perks such as free coffee, and postponement of big-ticket purchases.

But there may be other expenses you can cut that you haven't yet considered. During a recession, most employees are grateful to be employed and would rather sacrifice something in the short term to ensure their jobs remain intact. So making deep cuts without losing...



To read the article in its entirety, please log in or register (registration is free).

Log in or register for FREE access to this article and other Professional Roofing online content.

Not a professionalroofing.net user?

Register now for free access
  • Full access to every article
  • Online Web exclusive information
  • Photo gallery
  • Breaking news
  • Online classified ads

Already a professionalroofing.net user?

Log in now

User name:

Password:

 


Login help
Click here to have your user name and password emailed to you.




Comments (0) Login to post a comment or rating
There are no comments posted.

NRCA NRCA