Sentences with phrase «event of layoffs»

They might include such common conventions as paying severance in the event of a layoff, establishing a retirement or profit - sharing plan by a certain date, or using union - organized suppliers for key purchases.

And in the event of layoffs, school districts must use seniority to determine who loses their jobs; Mr. Klein has not been able to convince the Legislature that principals should have the power to choose the teachers they keep.

As a result state agency chiefs earlier in the month gave the administration their lists of targeted job titles that might be cut in the event of layoffs.

Before that, a group of 11 teachers affiliated with E4E developed a proposal for an alternative to seniority in determining who would be let go in the event of layoffs.

Union officials say the plan is illegal because it would conflict with collective bargaining and fair dismissal laws in the event of layoffs, said Rosemary Coyle, president of the Connecticut Education Association.

This is about fairness and equality, and when it comes to guaranteeing that for our child The approved settlement will fully protect up to 45 Targeted Schools in the event of layoffs.

With LIFO, the last person hired is the first to be let go in the event of layoffs.

While the plan makes significant changes in granting and revoking tenure, seniority would still be the prime job - protection factor in the event of layoffs, keeping the «last in, first out» system.

My current cash reserves are only about 22 % of my Debt Emergency, so putting my cash toward my debt right now would not actually FREE me from my Debt Emergency in the immediate - term, but it WOULD make me unable to pay my mortgage in the event of a layoff.

Do you advise me to put my small cash reserves toward my Debt Emergency * even though * I have essentially zero dollar - employees working for me to tap in the event of a layoff?

If you work in a volatile industry, career, or company, for example, that would make finding a new job difficult in the event of a layoff, then yes, you might think twice about throwing away these protections.

Create multiple streams of income to insulate yourself in the event of a layoff or downsizing.

The problem is that very often your coworkers are also competing with you for promotions, bonuses, and even a job in the event of layoffs or cutbacks.

This information will help you understand your financial options in the event of a layoff.