In these times of economic uncertainty you may well be considering whether redundancies are the right option for stabilising your business and cutting costs.
Whilst redundancies will reduce your overheads, there are associated costs which can affect your short-term cash flow, as employees may be entitled to redundancy pay. Likewise the expertise and experience you lose cannot always be replaced and when business does pick up again, replacing good people may not be easy.
The guides in this section are designed to help you consider any alternatives and to make sure you are aware of the rules and regulations surrounding redundancy if you do decide it is the right option for your business.
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