THE RIGHT APPROACH TO REDUNDANCIES by Emma Morris
Director, Embrace HR Consultancy
Are you currently taking a fresh look at cost controls, realigning priorities and even restructuring the business you’ve worked so hard to develop?
For some, this may be an opportunity to streamline and re- energise, focussing on the future with key employees that will help you rebuild. For others, this will be a heart-rending time of being forced to lose team members that are almost like family.
Whichever the angle, redundancies never come without stress, expense and risk, so you need to prepare, and compare the implications of an immediate outlay against ongoing future wage costs.
Ensure you follow the correct legal process. You can turn to resources such as ACAS for guidance. However, because of complexities, it’s often more beneficial to get specific professional support.
If you get it wrong, there can be a serious impact to your bank balance and reputation. Skipping steps can lead to costly unfair dismissal claims.
Consider how well you are managing the process. The impact of this, particularly if located in a community, can be significant. If you treat people fairly and properly this will be remembered, but if you don’t, it will be talked about and potentially even posted over social media.
So communicate well with employees, aim not to leave room for assumptions and misconceptions. Take care over the language used and avoid false promises. Finally, reassure your remaining staff.
Embrace HR will guide you through every step of the process, assisting you to treat workers fairly and with dignity, and enabling you to protect your business at a time when it’s more crucial than ever.
• • •
Embrace HR
With over 20 years hands-on and qualified experience in senior HR roles across a wide variety of industries, we work with organisations large and small providing tailored tools, support and training with a commercial approach.
“The support I received from Emma was brilliant, can't fault it. Her style was very consultative, detailed and thorough, which helped the business a lot.” BB
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THOSE WHO INVEST PREPARE TO SUCCEED by Claire Sofield
Co-owner, Four Recruitment
While Covid-19 has hit and reshaped companies and industries hard, it’s important that as business leaders we think beyond survival to the opportunities that the crisis will create.
High on this list is a chance to hire talented people, to ensure we hit the recovery period before our competitors.
At Four, so many of our clients have spent the last three months re-evaluating their business plans and now have a shorter time frame to achieve their goals for the year. They still have recruitment on their agenda as they recognise that they need the best people to assist them.
I’ve got to be honest and say as a business owner myself that’s exactly what I’ve done. The question I’ve asked a lot of MDs and CEOs is whether they have the right talent in their business
to enable them to achieve their objectives and aspirations. If we’ve learnt anything over the past few months, it’s that our people are our biggest asset.
As a leading recruitment firm in Lancashire, we see our role as critical in helping to rebuild our regional economy, supporting businesses to recruit the very best people to enable them to succeed.
The pool of currently available talent is changing, as the government’s furlough scheme comes to an end. We would strongly recommend that business leaders look to develop their recruitment strategies now, preparing and being first in the queue for the post crisis recovery and growth.
Organisations that make strategic investments in recruitment as we come out of the coronavirus crisis will be best positioned to gain market share and overtake competitors.
LANCASHIREBUSINESSVIEW.CO.UK
In uncertain times, good people are the key to great business.
As we enter the recovery period, it’s important to remember that whatever sector you operate in, your people are your greatest asset.
Do you have the right team in place to enable you to achieve your goals? We can ensure you get Lancashire’s top talent to put you back in business.
Speak to the head of our Lancashire region Abbie Smith on 01204 326 444
abbie@4recruiting.co.uk
4recruiting.co.uk
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RECRUITMENT
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