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Downsizing with only finances in mind can have a major impact on your emotional well-being — especially if it means selling, donating or throwing out the things that bring nonmonetary value to ...
Interviewing for a new position after a downsizing can be tough. After all, your head may still be spinning from the experience; you may still be asking yourself, "Why me?"; or you may just be ...
[4] [5] Downsizing in a company is defined to involve the reduction of employees in a workforce. Downsizing in companies became a popular practice in the 1980s and early 1990s as it was seen as a way to deliver better shareholder value as it helps to reduce the costs of employers (downsizing, 2015).
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
Affective commitment, or feeling an emotional tie to one's organization, is important in employees because it demonstrates a deeper meaning for work than simply earning money. Continuance commitment, or knowing that staying with one's organization will be less costly in the end than leaving, is telling of extrinsic motivation to remain wherever ...
Downsizing can lower your cost of living so you can pursue a better lifestyle, it can also be a difficult […] The post Pros and Cons of Downsizing in Retirement appeared first on SmartReads CMS ...
Psychological contract formation is a process whereby the employer and the employee or prospective employee develop and refine their mental maps of one another. According to the outline of phases of psychological contract formation, the contracting process begins before the employment itself and develops throughout the course of employment.