Increasing Employee Morale and Job Satisfaction During Tough Times

Introduction Quality Financial Solutions (QFS) was founded in 1993 as a supplier of core information processing solutions for community banks. QFS is an fundamental law that specializes in processing transactions, automating business processes, and managing mission-critical information that en competent clients worldwide to establish relationships, improve productivity, drive new tax income and reduce costs. The c eacher-out now has an extensive array of products and run that service more than than 11,000 banks, credit unions, and corporations. Like many an unalike(prenominal) other companies, QFS felt the ruin of the economy and was forced to inflict several(prenominal) cost bitter avenues. One of those was to down-size the community. Many locations were shut-down and many plenty were laid-off. With the down-sizing, QFS has at sea many of their enlighten employees in many different atomic number 18as throughout the company. With all of this down-sizing g oing on, they are still hiring and re-organizing to limit throng into six-figured jobs. At the same time, the other areas that have lost some of their top employees are suffering, and those departments are be told that they are not able to hire anyone new to replace those individual(s). QFS has genuinely been focusing on cost-cutting for the past couple of years, so, the things that made people expect to roast the company are now gone.

I am a technical project lead and I started for the company in September of 2007. At that time the company was booming, business was technical and a lot of people were world hired. Everything was good for the offsh! oot couple of years and wherefore approximately the 2nd ass of 2009 things started to change. First, they stopped matching 401Ks and then an entire piece was shut-down a month before Christmas. in that respect was no Christmas political party that year and bonuses were not being given. At the hold on of January of the followers year nearly 200 employees company-wide were laid-off. As the months went on, at the end of every month through May of that year, people were...If you want to get a full essay, order it on our website: BestEssayCheap.com

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