Sunday, October 24, 2010

Good management vital to survive spending cuts, says CIPD

Excellent people management will be crucial if the public services are to survive the effect of the cuts announced by the government, the CIPn today’s Comprehensive Spending Review, chancellor George Osborne revealed average cuts in departmental budgets of 19 per cent over four years. Local authorities will face particularly swingeing 7.1 per cent annual cut in their budgets, while the Home Office and Ministry of Justice will each face 6 per cent cuts a year, and police forces 4 per cent. Health and education have been largely protected from the cost reductions, while defence will face a limited cut of 8 per cent over four years. D has warned.
Official predictions show that 490,000 public servants could lose their jobs as a result of the deficit reduction plan.
MANALI
PGDM 1ST

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