Sometimes businesses face a redundancy situation. To protect the business employers must act quickly but it is absolutely critical that they follow a fair procedure. Employers should consult with the employees likely to be affected to see if the redundancies can be avoided and to discuss alternatives and the criteria for selecting people for redundancy. If you are planning to make 30 people or more redundant then statutory procedures must be followed.
Sometimes employees would like to take voluntary redundancy under a settlement agreement.
Knowing how to handle redundancy situations effectively is essential in order to minimise the impact on your employees and your business.
Helix law can help you to make the right decisions.