Sessions
Concurrent Session
Making the Cut: Impact of Cost Cutting Measures on Immigration Programs
S106, South Building - Level 1 (MPCC)
In-Person and Virtual
Tuesday 06/25/2024 03:30 PM - 04:30 PM
Competencies: Business (Behavioral), Organization (Technical)
| Intended Audience: Senior-Level
Workplace Application:
This session provides actionable insights to help senior HR develop winning strategies in the face of economic challenges.
In an economic downturn, cost cutting measures such as layoffs, wage and benefit reductions, and furloughs are often necessary to maintain the bottom line. In this session we discuss the interplay between common labor-related cost cutting measures and immigration rules and requirements. We will explore the limitations of cost cutting measures when dealing with immigration programs and some alternatives to help achieve financial objectives and fair treatment of employees while remaining compliant.
Learning Objectives:
- Understand immigration laws and regulations governing wages, hours, reporting and terminations for common visa classifications.
- Identify and manage risk concerning common payroll-related cost cutting measures.
- Propose and develop alternative strategies for reducing costs when managing a global workforce.
