I've been given the fun task of developing ideas for cutting admin costs at our company. This may be anything from cutting back on the type of coffee creamer we use, to just about anything else. If you have ideas on this that your company has implemented, input is appreciated. Thanks in advance.
Here are some things my employer has done: 1. Turn off half the lights in the building. A little dimmer inside, but not a hassle. 2. Stopped sponsoring employee clubs (such as softball, soccer leagues, yoga classes, etc) 3. Suspended free holiday meals. 4. No more free coffee all day long. (now $0.25 per cup) 5. Suspended employee referral gift program. 6. Closed 1 food station in cafeteria 7. No further tuition assistance applications accepted. 8. No money awarded for internal recognition awards. 9. Reduced 401k employer match from 4% to 2% 10. Suspended our quarterly bonus program. I really liked this one. 11. Can no longer bank our vacation time, use it or lose it by end of year. 12. No overtime. 13. Made us take a mandatory week off, using vacation for pay. 14. Lowered night shift pay differentials. 15. Limited the number of promotions allowed. All in all I like that my employer tries to be proactive in the cost cutting measures. In the past they even changed out the toilet paper and paper towels in the restrooms to a cheaper material. Hey as long as I still have a job, I'll use candles for light if I need. ha ha.
Power off all unnecessary computers at the end of the day. PC's that are running overnight and all weekend are sucking power.
Wow. It's about 60 degrees outside and we have the AC running, so it's 55 inside. I would adjust it, but I think the 3 thermostats in my room were bought at a novelty store and are just double-sided taped to the wall. I work for a government agency though.
I work in a Corporate HQ which consists of a single building with ~3,500 employees. Here is what we've done: 1) No internal facilities moves. Moving an employee from 1 cubicle to another costs the company ~$200. 2) Garbage pickup every other day. By limiting this we were able to save on custodial expenses. 3) No team lunches. In fact, there isn't much of anything being spent on individual supplies. 4) The company extended the life of computers. The policy was to change out computers (especially laptops) every 3 years. That's now been extended to 5 years. 5) All "extra" departmental hardware is being centralized. All laptops and desktops are being recycled to employees who need "new" machines because their machines go bad. 6) I work for a coffee company so that is the last thing we will cut.
Damn Turtle, I feel bad for you and any one else where the company elected to make changes to their 401k like that. The 401k might be the only thing you have when you retire. Sad. My company hasn't made that many large cuts, bonus' have been restructured but i make decent money for my area and the bonus' weren't great any way so no big deal. We have watched our supplies closely for some time but we could still do a lot with electricity and we've never provided coffee. OH Yeah...One biggie, travel has all but been eliminated for the most necessary travel and we used to travel a lot so huge savings there.
Company cars extend from 3 years to 4 for us. I was a little upset when I heard this becuase I was one week from getting a new car. But, that is a little petty considering people are losing jobs. Cheaper copier paper or maybe even a limit on one's printing per week. Travel expenses are cut quite a bit, but that would be a long list on those cutbacks. No more company awards banquests in places like Vegas.