Are you ready to downshift?
Article Abstract:
It has become common for companies to reduce their workforce to a bare minimum. Those employees who remain are often forced to work long hours, and feel little loyalty to their employer, as they realise that they have no job security. However, there are now signs that large companies may be taking a different approach. National Westminster Bank has announced plans to cut the equivalent of 15,000 jobs, but will do so through introducing more part-time and four-day week working arrangements. It has already been found in the US that this approach can improve trust and motivation among employees.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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Rich man, new man?
Article Abstract:
Some leading City of London firms are making considerable efforts to adopt family-friendly policies. They are aware that working extremely long hours does not necessarily boost employees' productivity, and are encouraging a shift towards more balanced lifestyles. More people are now unwilling to work at weekends, for example, and recognise that there is a clear link between career success and a well balanced lifestyle. However, progress in this area remains patchy, with some employers still expecting extremely high levels of commitment.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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Downsizers have laboured under a grand delusion
Article Abstract:
Downsizing, which has involved closing plants and making many people redundant, has been extremely popular in the US and Europe over recent years. However, recent research has prompted new attitudes towards downsizing. It is now becoming clear that costs and productivity are important, but that innovation and intellectual property are more important to a company's performance. Companies which focus on research and development and a good market strategy are likely to be forces for added value and job creation.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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