Open Brainstorms
What are the most effective cost-cutting measures that you would like small and medium sized companies to implement ?
As longer term recession is looming large, companies need to focus on cutting costs and not employees. Please put in your suggestions for collective learning.
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Brainstorm Info
| Creator: | ajaysanghani |
|---|---|
| Created: | 10 months ago |
| Activity: | 10 months ago |
| Users: | 3 |
| Ideas: | 3 |
Top Brainstormers
| Username | Ideas |
|---|---|
| brainakshay | 1 |
| mgogoing | 1 |
| ajaysanghani | 1 |
| 0 votes |
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3.
Reassess your market/profit potential and downsize
| 0 votes |
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2.
Offer more vacation, but disallow employees the option of carrying the vacation over year-to-year. This forces people to take vacations, which reduces the vacation liability on the balance sheet. It also increases productivity and creativity since time away from work is renewing of the spirit.
| 0 votes |
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1.
Offer variable pay to employees based on performance of individual and company