You all are aware about current Turmoil in the business globally.

You also know that our company has taken series of steps to ensue that: 1. Our inventory is not blocked.(i.e., We should excess inventory) 2. Restriction on capital purchase and on new Recruitment of employee. 3. Strict control on Overtime and unwanted expenditure. 4. Employee output must be 100%. 5. Revision in Sales targets and steps to increase sale of Finished goods. Keeping above points in mind, as an employee of this company we should immediately cutdown our general expenses as under:A. 30% reduction in Mbile / Landline bill and courier charges. B. 30% reduction in Vehicle Fuel charges and maintenance cost. (Employee should share the vehicles) C. No purchase of writing pads and reuse of Statioery. D. Switch off the Lights , computers, Fans, ACs, other electrical appliances when not in use. E. Water Leakage, Gas Leakage, Spillage of Raw material, etc must be attended on priority. F. Ensure that no overtime is done as far as possible. G. Local visits by employee can be reduced by clubbing the activites. attribution http://www.citehr.com/131746-cost-cutting-salary-slip-pg2.html#ixzz2jyUGIWub

Nothing is impossible, we reduce our cost through honest efforts like: 1. Install R.O. instead of reffilled drinking water containers & saving Rs. 3.60 lac/annum 2.Reduce hiring vehicle cost through minimise vehicle and use in extra km basis & saving Rs.0.80 lac / annum 3. Stop color print and stop/reuse office stationaries & saving Rs.0.70 / lac /annum etc.etc If you fail to plan then you are planning to fail. attribution http://www.citehr.com/131746-cost-cutting-salary-slip-pg2.html#ixzz2jyUq6BcZ

As HR, the department is responsible for cost cutting not only in HR but in other departments too. Following can be of help for the same :1. Use of recycle paper. 2. Minimisation of print outs. 3. Avoid extenal consultants for recruitment. 4. Something, that can be done elctronically instead of manual like e-salary slip, e-manuals, e-application etc. attribution http://www.citehr.com/131746-cost-cutting-salary-slip.html#ixzz2jyVGQS6n

1. Ask all employees to switch-off monitors, lights, AC, fans when they are not on their seat and during lunch and snacks breaks. 2. Switch of all lights, AC and fans when, entire bay/bays are empty. conference call/meeting/discussion is over in Conference Room. in the morning when employees are yet to come to the office.

1. Minimize use of office stationery (print-papers/cartridges/notepads) and services (phone calls, conference room chatting etc.) 2. Use of drinking water, tissues, tea and coffee without wasting. 3. Avoid unnecessary, random use of internet for irrelevant purpose

attribution http://www.citehr.com/131746-cost-cutting-salary-slip.html#ixzz2jyVMHKIm