Reduction in Force (RIF) Guide &Toolkit
There’s no more “business as usual.” Amid heightened economic and political uncertainty, many companies are looking for ways to bolster stability and maximize flexibility in response to significant change. Predictive insights are paramount.
When employers are forced to consider difficult workforce changes, such as a need to cut costs or improve efficiency, a reduction in force (RIF) or other layoff should be considered to ensure the continued viability of your operations. When conducting a RIF, however, a multitude of potential federal, state and local risks arise that may impact your decisions. Thoughtfully planning and preparing for the RIF is critical.
fpSOLUTIONS RIF Guide and Toolkit provides a number of resources to help employers plan and properly carry out a layoff, including:
- A Layoff Checklist with items to help with planning
- Important information about layoff selection criteria and an explanation of disparate impact liability and the importance of performing an adverse impact analysis to determine whether the layoff has a negative and disproportionate impact on certain protected categories (i.e., age, race, gender, etc.)
- An overview of when advance notice is required under the Worker Adjustment and Retraining Notification Act (WARN)
- Sample WARN Act notices
- Template severance agreements
Investing in a RIF Toolkit that increases employee engagement and facilitates transitioning of employees to new roles can enable your company to nimbly transform and prosper.
Where necessary, you’ll have access to Fisher Phillips’ cross-disciplinary RIF team to help you navigate particularly complicated and delicate issues.