About 'enterprise accounting system'|...to clear land for tillage by reverting to a form of the old English open-field system, and in other ways preserved a communal element in their village economy...
More and more employers are seeing labor as a mere cost to be minimized instead of a resource to be leveraged, nurtured, and maximized. Here are some tips to help you set up an early warning system and identify if your employer may be contemplating layoffs. 1. Study Your Employer's Peer Group - You have to learn about your employer's competition and other companies that are similar to your employer in their business endeavors, size, and structure. In addition, you may want to learn about your employer's suppliers and customers. Follow their news announcements, stocks, earnings, layoffs, and business plans to identify business trends affecting your industry. If an industry competitor reports a decline in quarterly earnings or a loss and announces layoffs, you employer could well decide to follow suit. The actions of a competitor can provide public relations cover for your own employer's plans. 2. Keep Abreast of Internal Business Developments - Did your company meet sales goals? Is your company meeting or exceeding Wall Street expectations? What does the companies financial bottom line look like? Did your employer successfully outsource an internal service to an outside firm? Is your employer using consultants and contractors more consistently? Is your employer managing the contractors or are the contractors giving the advice that ends up managing you? Did your company adopt a new enterprise software package? Do they have plans to train you to become proficient with it? 3. Be Aware of Your Personal Situation - How valuable are you to the company? Is your work valued by internal or external customers? Are your managers keeping you busy and productive? What kind of feedback are you getting on your reviews? Ideally, you'll want your manager to think you are a valuable asset to his team and the company. If you consistently see your co-workers getting the most important assignments, you should be concerned and try to rise to a higher level of performance. 4. Beware of the New Executive - If your company has recently transitioned to new executive leadership, be prepared for changes. The new executive may want to change the organization to reflect his priorities or simply cut costs and boost the company bottom line. The conventional advice for new executives is to make the changes fast and get the organizational pain over with early in their tenure. 5. Watch for Weasel Words - There are a number of words and phrases that signal layoffs. If a leader is concerned about having a lower or more competitive cost structure, there is a good chance that workers may find themselves in the cross hairs. Similarly, if they use words like nimble, agile, or adaptable, look for temporary contract labor to replace permanent employees. If workers in internal support organizations (like IT or accounting) are told that they will have to compete for business with internal and external competition, management may already be getting bids from outsourcing firms who would like to take over major corporate functions on a contract basis. Other words are even more obvious, words like people impacts, reorganization, downsizing, rightsizing, realignment and adjustment should be alarming to the workforce. If you hear lean, expect mean to follow. Once your early warning system is in place, you will be better positioned to recognize lay off possibilities. How you respond will depend on your personal situation, value to the company, tenure on the job, pension or 401K vesting, proximity to retirement, and ability to find alternative employment. There are specific steps that you can take to prepare before you get laid off. With a lay off early warning system in place, at least a pink slip won't come as a total surprise and you can do your best to prepare for the worst. |
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Enterprise Accounting System - Blog Homepage Results
...and Solution. From Small Medium Enterprise(SME)to End User, We provide service...Event Management, User Business System UBS in Stock control and Accounting, Website Solution, Advertisement and...
’ERP is a complete enterprise wide business software solution. The ERP system consists of software..., finance and accounting, and information services...
Corporate expense management pertains to your packages, systems utilized by a business or enterprise to validate, method, audit, account and shell out for expenditures created by its employees...
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