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 scheme that specializes in processing transactions, automating business processes, and managing mission-critical information that en fitting clients worldwide to establish relationships, improve productivity, drive new revenue and reduce costs. The c eacher-out now has an extensive array of products and operate that service more than than 11,000 banks, credit unions, and corporations. Like many an other(a)(prenominal) other companies, QFS felt the ruin of the economy and was forced to inflict some(prenominal) cost bitter avenues. One of those was to down-size the familiarity. Many locations were shut-down and many passel were laid-off. With the down-sizing, QFS has mixed-up many of their enlighten employees in many assorted areas throughout the company. With all of this down-sizing going on, they are sti ll hiring and re-organizing to depute passel 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 macrocosm told that they are not able to hire anyone new to replace those individual(s). QFS has rattling 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 being hired. Everything wa s good for the offshoot couple of years and! thence nearly the 2nd ass of 2009 things started to change. First, they stopped matching 401Ks and then an entire piece was shut-down a calendar month before Christmas. in that location was no Christmas political party that year and bonuses were not being given. At the hold on of January of the followers year most 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: OrderCustomPaper.com

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