Challenger, Gray & Christmas, Inc.

Properly benchmark and build severance programs relevant to today’s workforce. Discover trends by region, job level, industry, and more.

As organizations plan for restructuring, maintain morale among remaining employees by desigining a competitive and fair severance policy.

Build a comprehensive and compassionate offboarding experience by leveraging data-backed insights to inform your organization's severance policies.

Promote a sense of safety among employees by offering a competitive and fair severance package. Leverage exclusive data to inform your policy.

The stock market's downward turn alongside record-high layoffs is no coincidence. But it might not be as direct of a correlation as you think. To be clear, this isn't a fresh story. The labor market's been cooling for a while, and the stock market is going to be jumpier than usual in a government shutdown. Without federal data, investors are reacting strongly to any signals they can get, whether it's our own job cuts report or workforce decisions from major corporations. And since the market has been rewarding layoffs (until now), corporations have been eager to announce them. But I also don't expect layoff announcements to recede any time this year. On the individual side, HR leaders are in a particularly tough position. Typically, HR doesn't get a say in layoffs, but is expected to execute the strategy. And when workers lose their jobs en masse, whole teams and divisions can become demoralized. The strongest way to rebuild engagement in uncertain times is with transparent communication. If jobs are stable, let your people know. But if layoffs are headed your way, lead with clarity, compassion, and support. Watch the full segment: https://lnkd.in/gDVxPrYx

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