The Headcount Solution : How to Cut Compensation Costs and Keep Your Best People

Key Principles

• The key factor in determining whom to cut and whom to keep is mission critical skills and competencies.

• Mission critical skills and competencies must be defined for the organization as a whole and for each department.

• Employees should be assessed regarding mission critical skills and competencies.

• Once these skills and competencies are assessed, the company can make smart choices about which staff to cut and which to keep.