Nov 21, 2019
Managing a Redundancy Process
In the current economic climate, it is increasingly likely that at some stage, you could have to manage a redundancy process.In today’s uncertain business climate many firms face the possibility of having to reduce their operating costs. This means that many managers will have to run a redundancy process. Apart from being an unpleasant process to manage, it can also be a legal minefield. As such, it is important to follow the correct procedures. The redundancy process follows the stages outlined below:
Preparation
Selection
Individual Consultation
Notice of Redundancy and Appeals
The Termination Process The Termination Process