Three Strategies To Avoid Compulsory Redundancies

As set out in our earlier article, having to make redundancies can be very daunting.

Not only is it a difficult decision to make, and one which impacts on the lives of your employees, it can also lead to the business losing talented employees and their skills, experience and expertise. Businesses should bear in mind that it can be very difficult to replace this talent when business improves.

Making redundancies can also have a detrimental impact on staff morale and motivation; and the public image of the organisation.

Consequently, finding alternatives to redundancy can offer employers greater short-term and long-term prospects of survival and success.

We have found that the businesses which survive and thrive are those who seek advice at an early stage and who put in place a proper redundancy plan.