Redundancies: Avoidance And Alternatives

Following on from Dundas & Wilson's recent seminars on Redundancy and Rationalisation Procedures and Practical Routes Forward, Graham Paul, Employment Partner provides the following comments:

As the economy moves towards alleged stagnation, and businesses prepare themselves for the long haul of economic depression, many employers are still looking at ways of rationalising costs. The past 12 months have shown that many companies still need to become leaner.

In most sectors, it remains the case that staff cost is the biggest overhead. The bluntest instrument in terms of reducing employee costs is to reduce the number of employees i.e. make redundancies.