Presented by Aynaz Nowparvar, from our Helpline team
Our knowledgeable and friendly Helpline Team continues to support you, by delivering free monthly updates for all members.
The focus for this month’s update: Restructures & Redundancy
Redundancy can very generally be defined as: “When an employee’s position is superfluous to the needs of the employer.” The emphasis in this definition is on the ‘position’, and not the ‘person’. Even in this distressing environment of significant financial pressure and uncertainty, a restructure is still a last resort measure with a complex process to undertake. It all requires careful handling.
In this session Aynaz runs through the process of restructuring:
- Phase 1: Proposal
- Phase 2: Consult
- Phase 3: Outcome of Consultation
- Phase 4: Result
- The do’s and don’ts