In some respects, a whole section of your business closing down is sometimes easier to deal with, as it means all employees are made redundant, and you don’t have to go through the lengthy, difficult, and sometimes controversial process of choosing who gets to stay and who has to go. Though it is sometimes tough, [...]

The Chartered Institute of Personnel and Development (CIPD) and KPMG have found that a quarter of UK businesses intend to make employees redundant in the next year. Therefore many businesses are looking for information about the laws behind redundancy. Since the last recession in the UK, redundancy laws have changed considerably, and those that don’t [...]

Things Aren’t Really That Bad…Right? Unsurprisingly, in the midst of the current economic downturn, professional bodies are advising businesses to avoid cutting jobs wherever possible. The Chartered Institute of Personnel and Development (CIPD), and the Advisory, Conciliation and Arbitration Service (Acas) are going to release a new guide that aims to help managers deal with [...]

Cut costs not a job… Cutting costs seem to be going hand in hand with redundancies but that is somewhat of a drastic step when there are a number of other solutions to the problem without losing any employees. After all it has been declared recently that it could actually cost a business more to [...]

Sorry, it’s not working out… As unemployment rates are rocketing sky high as businesses around the country are struggling to remain open, it would only seem fitting to dedicate some time to clearing the uncomfortable stigma surrounding making redundancies. It can never be classed as an easy thing to do to make someone redundant, however [...]

Companies have been warned that the cost of redundancy is far more serious than firms would initially think, as the Chartered Institute of Personnel and Development’s has discovered that the cost of letting an employee go and then hiring someone else averages at £16,375. The Institute is aware that many firms fall back to redundancy [...]