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Six in ten employees facing redundancy are planning career changes

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

Redundancies predicted to spike as furlough ends

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

What will happen when the furlough plaster is ripped off?

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

person using phone and laptop person using phone and laptop

Stress levels on HR Directors caused by Covid-19 taking its toll

With many employees at risk of redundancy over the coming months due to the economic impact of COVID-19, new research highlights how they could be let down by employers in terms of career transition support, just when the job market is at its worst in over a decade.

Contributor: JC Townend, CEO - LHH | Published: 26 June 2020