Wk 5 – Apply: Summative Assessment: Labor Cost R… Assignment Instructions One of the most painful and difficult decisions organizational leaders may make involves a reduction in force (RIF). A RIF occurs when an organization chooses

Wk 5 – Apply: Summative Assessment: Labor Cost R…
Assignment Instructions
One of the most painful and difficult decisions organizational leaders may make involves a reduction in force (RIF). A RIF occurs when an organization chooses to permanently reduce the number of people it employs and can be precipitated by several factors, one of which is the need to reduce labor costs. While
a RIF decreases the total payroll, there are disadvantages to this approach to cost saving.
For this assessment, you will evaluate labor costs and determine how to reduce labor costs for a company considering a RIF.
Read the HigherTech Innovations Case Study_(https://multimedia.phoenix.edu/cms/202446949).
Write a 700- to 1,050-word report of your evaluation of the HigherTech Innovation’s case using the
provided Labor Cost Reduction Report (https://multimedia.phoenix.edu/cms/202446948) template to
organize your content.
Include an executive summary of the report, your recommendation, a detailed evaluation of the RIF
option, and 3 alternatives to the RIF. In your report:
• Recommend the best solution for reducing payroll costs by 10% based on your evaluation
and justify your position. Include key points from your evaluation that support your
recommendation.
• Explain how to realize a 10% reduction in payroll costs from a RIF. Be specific in your
explanations, including which jobs would be affected, how to determine which positions
would be selected for the RIF, the legal and ethical considerations of this option, and the
consequences of this option, including expected and potential unintended consequences.
• Identify 3 alternative approaches to realize a 10% reduction in payroll costs that do not
include an involuntary separation of employment. Describe each alternative, which jobs
would be affected, how they would be affected, and the advantages and disadvantages of
each option. Include the legal and ethical considerations for each alternative and the
expected and potential unintended consequences of each option.
Format citations and references according to APA guidelines.
Submit your assessment.
Resources
• Center for Writing Excellence (https://multimedia.phoenix.edu/cms/cwe/).
• Reference and Citation Generator (bttps://multimedia.phoenix.edu/cms/citation).
• Grammar Assistance (https://multimedia.phoenix.edu/cms/202010168/)