SGH sgh limited

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$43.34

Ann: S&P DJ Indices Announces March Quarterly Rebalance, page-122

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brily

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18/03/18

11:56

Post #: 31836076
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Originally posted by Grant62 ↑

Saci, the issue goes that you are dealing with two types here.

The reductions announced represent permanent reductions and so therefore will be processed through as redundancies. By law, you cannot replace a redundant position (not for a certain period of time, at least).

The job ads you refer to therefore are for vacancies which haven’t been targeted for either redundancy or reduction. So, the first conclusion to be drawn is that churn /turnover of staff (attrition, in other words) is higher than they would otherwise like.

Normally, such vacancies /ads are for support staff, but if for professional staff, it usually means that some good quality staff have exited themselves for opportunities elsewhere.

Such churn, where happening within the context of a wider redundancy setting in place points to continuing workplace displacement /destabilisation such that the replacement quality is typically a little bit less than what has been replaced (either in experience, the time taken to get into stride or the ability to familiarise oneself with the matters on hand). So, yes, 30 vacancies being advertised for but mainly to replace a voluntary exodus of experienced talent not otherwise being targeted within the context of the new redundancy program.

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Voice of wisdom and insight Grant62.

SGH Price at posting: $3.55 Sentiment: None Disclosure: Not Held
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Ann: S&P DJ Indices Announces March Quarterly Rebalance, page-122

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Ann: S&P DJ Indices Announces March Quarterly Rebalance, page-122

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