Understanding Redundancies
If you’re considering redundancies, read this guide first to understand all the options available to you.
Overview
Redundancies are a fact of life for many businesses in a COVID-19 affected world.
As all businesses look to rationalise their costs against possibly diminished cash flow and returns, staff redundancies might be a necessary option.
But how do you go about them safely and legally?
Includes
- The redundancy process
- Negotiating reduced pay or hours
- Leave without pay/unpaid leave
- Job sharing
- Stand downs
- Redundancy: The last resort?