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.
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...
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