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Trying to keep the lights on is challenging for many small businesses these days. But while laying off employees can save the company the expense of salaries and paying for benefits, such a move is often not the most cost-effective answer.

In fact, layoffs can actually cost your business money, especially if you expect things to pick up once the economy recovers.

“It’s hard to save money if the jobs will be refilled within a year or so,” explains Peter Cappelli, director of the Center for Human Resources at the Wharton School of the University of Pennsylvania. “There are lots of costs of laying people off – severance, unemployment insurance, risks of litigation. And then there are the costs of re-hiring – search, training, productivity losses while waiting for performance to get up to speed.”

So if you can’t save money by letting people go, how can you balance the books? Here are five steps you can take to cut costs without cutting employees loose.

To see the 5 alternatives click here.

Join Manpower on Wednesday, February 25 from 11 am – 12 pm CST, as we host a complimentary webinar entitled – What’s New and What’s Next in Employment Law.

Despite the fact that it’s put on by an attorney, this webinar is both educational and entertaining. As Chief Legal Officer for a company that employs more than five million employees worldwide and as a former partner in a major employment law firm, Mark Toth has learned a few things about workplace law over the years.

It’s a new year and a new administration and lots of interesting things are happening in the world of employment law.  Mark will update you on all the latest developments and then give you a glimpse of what may be coming next.  Along the way, he’ll provide plenty of tips and tools to help you stay out of legal hot water.

Send any questions you’d like Mark to address in advance to the email address blawg@manpower.com Mark will select the most intriguing ones and answer them in an interactive format sure to keep you awake and engaged.  The session will conclude with our official Smartest Person in the Audience Contest in which attendees will compete for valuable prizes.

To get a taste of what the webinar will be like, please check out Mark’s blog at www.manpowerblogs.com.  Enjoy!

After your participation in this webinar, you will obtain:

*  Up-to-the-minute information on the latest employment law developments
*  A peek into the future of employment law
*  Tips and tools on everything from hiring to firing
*  Practical solutions based on real-life examples

To Register for this Webinar Click Here.

This program has been approved for 1 recertification credit hour toward PHR, SPHR and GPHR recertification through the Human Resource Certification Institute (HRCI). Please be sure to note the program ID number on your recertification application form. For more information about certification or recertification, please visit the HRCI homepage at www.hrci.org.

It is January 5th, 2009 and the book of the year contest is already over. Yes; over. How did I come to this conclusion you may ask – it is simple. I have read G.L. Hoffman’s new book Dig Your Job: Keep it or Find a New One. Whether you are laid off or working this book is a hilarious treasure trove of insight and wisdom. I loved G.L.’s no nonsense approach to the ins-and-outs of the world of work. I highly recommend you read this book, I especially recommend that you put it into the hands of every Gen Y’r and graduating Senior this year – believe me the straight talk will do them good.

A little about the author:

G.L. Hoffman knows how to play the game and has done so in a way that allows him to sleep well every night. His latest company is an employment media business where a million people visit his newspapers and website (www.jobdig.com) each week. His work allows him to understand the ins and outs of HR people and those hunting for work.

G.L. is a true breath of fresh air in this time when everyday uncovers a new scandal or corruption. He has successfully raised millions of dollars for his start ups over the years and is someone who has reached the pinnacle of professional and personal success in the good ol’ fashioned, hard working, honest way—dry wit included. Because of this, he has been a sought-after mentor for countless jobseekers and others who just want to do better at their current job. When he’s not putting out fires and setting the agenda and tone for his business, he’s happily sharing his wisdom–writing a blog for US NEWS and WORLD REPORT, giving a commencement speech, or writing a book.

To order the book or find out more about it click here.