G4S cut 1,100 Jobs
28 August 2012
G4S will cut 1,100 jobs in an effort to recover £50 million lost on the Olympic Games contract after failing to deliver the required number of security employees.
The security firm currently employs 657,000 staff worldwide with the majority of the cuts will be felt in the developing markets.
G4S failed to provide a promised 10,400 security guards for the Games in July with the police and army forces having to be drafted in, with Chief Executive Nick Buckles admitting that the staffing crisis was a “humiliating shambles.”
The company is expected to meet its contract to supply 4,500 to 5,000 security personnel for the Paralympic Games.
More Flexibility in the workplace with Borer's FUSION T&A System.
Borer's Time and Attendance system is designed to offer employees more flexibility in the workplace. With more and more emphasis being placed on work life balance, organisations must define procedures to support employees.
One way to do this is by implementing flexitime by providing staff with flexible working hours to accommodate those working part-time, family priorities, covering absences and job sharing.