Redeployment Used Increasingly As Alternative To Redundancy

As the recession continues to bite, new figures released this month have shown that employers are seeking to retain key skills in their company by redeploying staff elsewhere in their organisation rather than having to resort to redundancy.

The 2009 National Management Salary Survey, published by the Chartered Management Institute and Computer Economics Limited and Remuneration Economics (CELRE), has revealed that redeployment levels have almost doubled in the past year, rising from 3.1% to 5.8%.

By contrast, during the last major recession in 1991, the rate of internal transfers was just 1.3%.

Perhaps surprisingly, many employers appear to be taking a long-term view of the current financial situation and are seeking to retain junior staff, with 4.9% being offered transfers and only 1.3% facing redundancy.