What do you do next? Furlough? Redundancy? Restructure? Part 1
In this webinar we look at the options you have around furlough, redundancy and restructuring. We discuss the process of redundancy. By understanding the process you can determine if you need more information and support. While this isn’t an cyclopaedia to redundancy it gives an overview of the process you should follow
There are many complexities to these types of processes. Some activities are statutory and happen for those employees with more than 2 years’ service; there are others which are good practice and we would recommend in certain circumstances and there are other tactics which would be helpful in some circumstances. So there is no one prescribed route and we recommend that the planning phase is critical to choosing the most appropriate approach to fit with the set of circumstances within your business.
Topics covered in this webinar
- Your options
- The redundancy process
- The importance of planning and timing
- How to determine the right option for your business
With guidance changing so frequently, we are doing our best to keep you up to date. The information provided in the recording above is our understanding at this point in time (26th May 2020), however as more and different advice becomes available this position may change and we will update accordingly. This is an evolving and unfolding situation, and we take the view that different measures may need to be applied for different sets of circumstances at an appropriate time. We as a team are available to discuss with you what measures are available to you.