30/07/2020
Difficult decisions are having to be made by businesses given the reduced levels of revenue they have suffered and may continue to do so for some time. Redundancy being one.
There are ways redundancies may be avoided in an effort to retain employees. Changing employees’ terms and conditions, particularly reducing pay or hours to cut costs is another option. We have covered the steps required to change contractual terms lawfully and discussed some other considerations around this in our new blog
As we start to return to some form of normal working, many businesses may have had no choice but to make redundancies due to the significant impact from COVID-19. Others have been able to avoid the need for redundancies or at least minimise these. Yet, in light of the anticipated economic impact the...
