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Mon 12 Dec 2008STAYING UP THERE

Firms can achieve a flexible workforce through staff incentives and outsourcing initiatives, as alternatives to a redundancy approach, says FRANK DILLON

IN THE midst of the gloom of a recent spate of job loss announcements, one organisation's approach last month suggested that there was an alternative way to reduce costs and headcount. Permanent tsb's initiative in incentivising staff to take career breaks of up to three years (see panel), provided a novel approach to right-sizing an organisation for a period of economic slowdown.

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