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Hot Topics:  PACPRINT 2013  |  NEWSPAPERS IN FLUX  |  THE LIGHTER SIDE OF PRINT  |  WOMEN IN PRINT  |  STATE OF AFFAIRS: VIC
Home  »  Features  »  Business

Get out of a tight spot without the squeeze

5 Mar 2012 |  Leon Gettler   |   Comment Now

Cost-cutting is an unavoidable part of a downbeat economy but there are ways to trim without the risk

If you thought 2011 was tough, 2012 is not going to be easier. It might be worse. Many printers will be looking to save as much money as they can this year to stay in business. Cost cutting will be the standard but there are certain strategies that would help reduce outgoings.

While laying-off staff is a common method, it can be fraught with problems in managing the employees who remain. Another problem is that the company could be struggling if the recovery comes quickly, as recoveries do. And when that happens, there will be higher costs in training and getting the new ones up to speed.

There are different ways to contain labour costs without cutting staff.

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Get out of a tight spot without the squeeze
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