What does RIF stand for in HR?
A reduction in force (RIF) occurs when a position is eliminated with no intention of replacing it and results in a permanent cut in headcount. An employer may decide to reduce its workforce by terminating employees or by means of attrition.
What does RIF mean in termination?
reduction in force
The terms reduction in force, termination, layoff, fired, and RIF are often used interchangeably, and while a few do mean the same thing, they actually fall into two very different and distinct categories. The basic difference being if the employee had any fault in the decision to discontinue employment.
What is RIF used for?
RIF pain represents about 50% of all cases of acute abdominal pain. In surgery performed for suspected appendicitis, the pre-operative diagnosis is correct in only about 50% of cases.
What is RIF status?
Employees laid off because of a reduction in force go into RIF status. The RIF status period is 12 months for employees with at least one year of service. For employees with less than one year, the period is equivalent to the length of service.
What does RIF stand for in business?
A Retirement Income Fund (RIF) is an investment product available to anyone as a conservative means of saving for retirement. A RIF is generally a mutual fund that is well diversified in large and mid-cap stocks and bonds.
What is the difference between RIF and layoff?
If an employer intends to call back its workers, it is a layoff. If the position is eliminated and the employer has no intention of calling back the worker, it is a RIF. According to SHRM, a layoff may turn into a RIF or the employer may choose to immediately reduce their workforce.
What is an RIF letter?
A reduction in force letter is used to notify an employee they have lost their job due to major company changes such as budget cuts, acquisitions, and restructuring. The letter generally covers the following: Reasons for the RIF. The date of the employee’s last day of employment.
What is RIF and LIF in ultrasound?
Left iliac fossa (LIF) pain may occur due to a self-limiting condition but may also be a sign of a medical/surgical emergency. It is less common than right iliac fossa (RIF) pain. The two share a considerable number of differential diagnoses but some conditions are more likely, or only likely, on one side.
What organs are in the left iliac region?
The main organs in the left iliac fossa are the descending colon, sigmoid colon and, in women, internal reproductive organs. An infection of the left iliac fossa must lead the clinician firstly to suspect diverticulitis of the sigmoid colon in older patients and salpingitis in women of childbearing age.
What is RIF candidate?
Reduction in Force (RIF) Clearing RIF Clear is the process by which a vacant classified bargaining unit position is reviewed by the DHR Talent Acquisition Team to determine whether the position must be offered to someone with mandatory reemployment rights to the vacancy, prior to posting a job requisition.