First, I will need information on employees who would be willing to take an early retirement.Secondly, what positions can be intergraded and or eliminated, and thirdly I will need the divisions list of current salaries and bonuses. I will also need a comprehensive overview of the companies benefit packages and along those lines I will need a brief survey issued to all current employees on what benefits are most important and least important to them.
A report on spending options that do not directly affect the cost of doing business; example the cost analysis of using hand air dryers vs. paper towels in the rest rooms. Review telephone and postage costs. Consider getting rid of company-owned autos. This is the fringe portion of the cost reduction requiring serious consideration of smaller item that consume large portions of our bottom line. Click here to read more…
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