Getting redundancy pay right – and why it is important
In this month’s blog, we look at redundancy pay and explore how it can smooth –or worsen – the redundancy process. Statutory Redundancy Payment There is a statutory minimum which must be paid as a redundancy payment if an employee has worked for you for two years or longer. The calculation of how much pay […]
Redundancy – Looking After The Survivors
Have you thought about the people left in the workplace after a redundancy programme – the “survivors”? Initially, of course, they are likely to feel a sense of relief – they still have paid employment. But the feelings which follow may cause them some sleepless nights or worse. They may be feeling fear about when […]
Redundancy Consultation – Why do we need to do it?
Reasons to consult about redundancy
Cost Cutting – Is Redundancy The Only Option?
At some point in your business you may decide you need to cut your business overheads. There may be many reasons for this: loss of a large customer; a slowdown in sales; new competition; increased business costs – even a global pandemic! A quick way to cut your losses may be to reduce your employment […]
The True Costs of Redundancy
In this article, I want to explore the true costs of redundancy.
