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redundancies Tagged Articles



Is slash and burn the right strategy for your business?
When the economic downturn first started to impact John’s business he was quick to act. First signs that turnover was dropping caused John to focus on his biggest overhead – the wage bill. A swift round of redundancies gave immediate relief and he was able to sustain profit levels on an even keel. Six months later, however, turnover had dropped even further and he was facing a personal grievance claim from one of his employee’s with a possible payout of $1000s.

Make Money From Online Business Through Good Leadership
What does it take to make money from online business, lead others to achieve the same success as you and be the visionary that makes others want to join your business opportunity – it's leadership. What constitutes a great leader - what are the qualities essential for you to lead? Can you learn them? Are you born with them? Read on and be surprised at how everyone has the inherent basic qualities to become a great leader.
Global IT companies expect recovery in 2010
In news that hints at increased job opportunities for IT workers across the world, a new study from AT&T shows that CIOs and technology executives expect economic recovery to begin early next year.
How to Recover from a setback getting back into the driver’s seat after a redundancy

The numbers are growing. We all know someone who has been laid off and become yet another statistic in today’s economic climate.  You are not alone and taking appropriate steps now will better position you to cope with your own redundancy, and possibly even turn it to your advantage. However unlikely the prospect may seem, being prepared is the first step towards surviving redundancy.
Improving Morale After Redundancies
When the actual redundancy process is complete and the unfortunate employees are made redundant there remains the issue of low morale that inevitably continues for some time. Without close monitoring this can become a very serious issue to any business. Once the reduction in employees has taken place the staff that remain will probably be expected to achieve more and may have additional responsibilities placed on them. How do you get the best from your staff now that they feel uncertain about their future and how do you improve morale? There are five key areas that need to be considered and worked with carefully on an ongoing basis.

What Not to Do on a Cold Call Email
Sometimes it is truly impossible to reach a prospect by telephone - and for some prospects email is their preferred form of communication. While nothing beats the direct interaction of a live phone call, sometimes instead of a cold call you simply have to send a cold prospecting email. If you do so, however, be careful. Don’t let this happen to you…

Attracting New Recruits in the Credit Crunch
Attracting new job candidates in the current recession can be difficult. A clear and well thought out plan is a must before jumping into the recruitment pool.
Talent Management in Difficult Times
Talent management is always an important functionality but it difficult or lean times it becomes even more critical.
Surviving Redundancy
The numbers are growing. We all know someone who has been laid off and become yet another statistic in today's economic climate. You are not alone and taking appropriate steps now will better position you to cope with your own redundancy, and possibly even turn it to your advantage. However unlikely the prospect may seem, being prepared is the first step towards surviving redundancy.

How to Get Back to Work in Todays Market
The numbers are growing. We all know someone who has been laid off and become yet another statistic in today’s economic climate. You are not alone and taking appropriate steps now will better position you to cope with your own redundancy, and possibly even turn it to your advantage. However unlikely the prospect may seem, being prepared is the first step towards surviving redundancy.
Economy Meltdown Executive Candidate Survival Tips
When the going get's tough, the tough get going!

Alternatives to redundancies have benefits
The overall cost with redundancies is far more than just the initial redundancy pay an employee receives. You will need to add costs for the recruitment when you require staff again and the cost of training new recruits to have them reach the development stage your redundant staff were at prior to being made redundant. How do you place a cost on this? Then there are the negatives that come from any business making redundancies which includes low morale within the workforce which inevitably reduces production, performance and service. Good quality staff can leave for alternative employment due to the uncertainty which may happen after you have reduced to the number of staff you felt appropriate as they have been offered employment from interviews taken during the redundancy process. What is the cost of this?

The Efficiency and Labour Market Impact Have Varied Across Sectors
In the competitive manufacturing and tradable services sectors, efficiency gains, defined as improved performance of the company, have been generally achieved with wide variations in performance across firms and countries.

Other redundancies Related Articles

Is Redundancy a Risk
Companies often re-evaluate their business structure, downsizing and streamlining to make cost savings. The bi-product of these corporate decisions can often unfortunately be redundancies.
Support for Businesses and Their Staff in Times of Redundancy
A shift in the economic or business climate, a merger or a relocation can lead toe redundancies. A whisper of the word itself can send shockwaves throughout the department and even whole company. Staff will inevitably worry about their future employment status, and communication handled ineffectively will likely damage overall morale.

Taking control of your IT&T career - June 2004
Implementing a successful career management strategy in the IT&T industry has been anything but easy in the last few years. Changing market conditions, mergers, acquisitions, redundancies, retrenchments, and pay reductions have become the common mantra.
An Advocate for the Little Guy: How CABiNET has provided an Important Voice for High-Tech SMEs in Canada (CABiNET Profile)
“Shared Services is different from the diametrically opposite model of Outsourcing which is where an external third party is paid to provide a service that was previously internal to the buying organization, typically leading to redundancies and re-organization. There is an on-going debate about the advantages of Shared Services over outsourcing. It is sometimes assumed that a joint venture between a government department and a commercial organization is an example of Shared Services but in fact they are quite different. The joint venture involves the creation of a separate legal commercial entity (jointly owned) which provides profit to its shareholders. It is difficult to see what is being shared rather than bought. Such joint ventures are really a form of outsourcing.”

The HR Headache of Making People Redundant
For the first time in 20 years, many businesses are finding themselves with a new HR headache – letting people go, rather than struggling to hire enough of them. For many managers making people redundant is a new and unwelcome experience – almost as emotionally difficult for the manager as the employee. In smaller businesses without an HR department to undertake the task for them, managing redundancies can be even harder.
Alternatives to redundancies have benefits
The overall cost with redundancies is far more than just the initial redundancy pay an employee receives. You will need to add costs for the recruitment when you require staff again and the cost of training new recruits to have them reach the development stage your redundant staff were at prior to being made redundant. How do you place a cost on this? Then there are the negatives that come from any business making redundancies which includes low morale within the workforce which inevitably reduces production, performance and service. Good quality staff can leave for alternative employment due to the uncertainty which may happen after you have reduced to the number of staff you felt appropriate as they have been offered employment from interviews taken during the redundancy process. What is the cost of this?

Is slash and burn the right strategy for your business?
When the economic downturn first started to impact John’s business he was quick to act. First signs that turnover was dropping caused John to focus on his biggest overhead – the wage bill. A swift round of redundancies gave immediate relief and he was able to sustain profit levels on an even keel. Six months later, however, turnover had dropped even further and he was facing a personal grievance claim from one of his employee’s with a possible payout of $1000s.

Small business profits – threat or opportunity
Turn-on your television or pick up a newspaper and all that is reported right now, apart from the present swine flu problem, is the "credit crunch" - falling house prices, rising unemployment, businesses going bust, repossessions, bankruptcies and more... So what should small businesses do? Well this depends on whether you see this as an opportunity or a threat. There are no doubt certain businesses that will find these times more difficult than others, for example, only today there are reports about how the number of unemployed lorry drivers has gone up almost 5-fold since this time last year. Where businesses are selling less and therefore resulting in a less of a need for transport, then transport companies will see a dip in demand and as a consequence might need to make redundancies.
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