Employee Data Visualization & analysis tool working on SAP Infotypes records.
A Reduction in Workforce occurs when changing priorities, budgetary constraints, or other business conditions require a Company to abolish positions. It can also occur when a position changes so significantly that the employee is no longer able to perform the required duties. A reduction in force decision requires an evaluation of the need for particular positions and the relative value of work performed by specific employees so that The Company can continue to provide the highest level of service possible with a reduced work force. Determining the retention or separation of an employee includes an evaluation of the relative skills, knowledge, and productivity of the employee in comparison to necessary services.Severance pay is available for an eligible employee as determined in accordance with Company’s Reduction in Force determination process.