The mass redundancies made at Qantas Airways, recently found to have been unlawful, have highlighted and served a cautionary tale for other businesses considering redundancy plans for its employees.
Contributor: Alan Price, CEO - BrightHR | Published: 22 September 2023
Research conducted by international law firm Womble Bond Dickinson of over 500 employers with 50 or more staff, has shown that:
Two-fifths (42%) of employers expect to make redundancies in 2023
16% of respondents confess to not understanding the redundancy process, despite making decisions about it
Legal experts Womble Bond Dickinson believe that business leaders should focus on getting it done, but also getting it right to build trust across the workforce
Contributor: Gearalt Fahy - Womble Bond Dickinson | Published: 28 August 2023
Even in scenarios where making redundancies seems the only logical reason, an employer must follow a robust and fair process to avoid the risk of claims.
Contributor: Kate Palmer, HR Advice & Consultancy Director - Peninsula | Published: 15 June 2023
According to a recent WorkNest poll, the vast majority (80%) of employers said budget cuts, low business demands, and inflation are driving their need to make redundancies; however, 74% of employers aren’t providing any training to their line managers to handle this.
Contributor: Danielle Scott, Employment Law Adviser and Solicitor at WorkNest and Louise Harvey, HR Consultant - WorkNest | Published: 18 February 2023
Over two-fifths (44%) of employers looking to make cost savings in their workforce are planning to restructure or make redundancies in the next 12 months amid rising costs.
Contributor: Tina Hyland, Employment Law Adviser and Solicitor at WorkNest | Published: 20 December 2022
A recent report, Life After Furlough: Employer and Employee Perspectives on the Threat of Redundancy, reveals that 6 in 10 employees facing redundancy are planning career changes. Yet moving on from current roles is filled with uncertainty - more than half (53%) of those facing redundancy are worried about finding a new role despite signs of a positive job market.
Contributor: Chris Parker, Managing Director - Renovo | Published: 22 October 2021
An upcoming report from Renovo, 'Life after furlough: Employer and Employee perspectives on the threat of redundancy’ reveals that a majority of UK employers are expecting redundancies within the next year. While half of employers attribute upcoming redundancies to the financial impacts of the pandemic, 28% say they are due to new technology and 1 in 8 state they are brought on by the move to remote/hybrid working.
Contributor: Chris Parker, Managing Director - Renovo | Published: 1 October 2021
With 800,000 less payrolled employees in March 2021 than the same month last year, as well as the September finish dates for the government's furlough scheme, experts warn that this employment fall may trigger further, long-awaited labour market challenges that could impact workers and businesses.
Contributor: Rhys Moon - Renovo | Published: 10 May 2021
Key areas employees should understand if they are made redundant
Contributor: Jonathan Watts-Lay, Director - WEALTH at work | Published: 2 April 2021
43% of UK business owners are not confident they could make redundancies in line with the law, a survey from BrightHR, a HR software and employment law advice service, revealed this week.
Contributor: Alan Price, CEO - BrightHR | Published: 3 September 2020