Welcome To Iowa's Layoff Aversion
Project!
Iowa’s businesses find themselves competing not only with
companies across the street, but also with companies around
the globe. As a result many companies are streamlining their
operations, core competency, and skill requirements to
remain competitive in the global marketplace. Long-term
employees can be at a disadvantage because of outdated
skills and face dislocation because of plant closures,
relocations, or reinvention. Since the 1980’s, states have
focused on the following strategies for retention and
aversion:
- Layoff monitoring and “early warning networks”
- Pre-feasibility Studies
- Employee Stock Ownership Plans (ESOPs)
- Worker Training
- Linkages to loan programs and other business assistance
programs
Iowa’s Commitment to Prevent
Layoffs
Iowa’s Layoff Aversion Project includes the thought that
layoff aversion involves a “continuum” of strategies and
ideas to assist business and workers as well as communities
when responding to a layoff and crisis. Not only do we want
to work with communities to assist businesses in preventing
layoffs but we also want to assist those workers who have
been laid off by shortening the length of time before they
start working their next job.
Did you know...
That for every 1000 job losses, it might be possible to save
250 jobs through retention strategy and effort. This allows
valuable public resources to focus on those job losses that
cannot be averted. (Ohio Employee Ownership Center:
Pre-feasibility Studies)
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