Corporate Restructure

POA

Over time the needs of your business may change. For example, you may introduce a new product or service, switch the suppliers, equipment or machinery that you use, your customer base may change, or you may need to cut expenses. This can all affect the number of staff that you employ and the type of skills that you need your staff to have, which may require you to restructure your business.

When even more significant changes occur, there is sometimes a need to close the business or reduce the number of employees needed to service your clients. This is when redundancies will arise.

Redundancy is potentially a fair reason for dismissal, but a redundancy dismissal will only be considered to be fair in a legal sense, if there is a genuine redundancy situation and a fair procedure has been followed. This includes ensuring appropriate consultation has taken place either individually or collectively, depending on the numbers of staff proposed to be made redundant.

 

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To restructure and make redundancies is be a difficult process for both employers and employees to go through, even those who are not directly affected. It can affect morale, productivity and take considerable management time and therefore affect the day to day running of the business.

To retain the trust and support of your employees it is important that redundancy processes are handled well and in accordance with employment legislation.

For this reason, it is always recommended that you seek professional advice. Our consultants can support you with the management of the process by guiding you through your business restructure and can provide resources or assistance throughout. This can include; preparing your business case for restructure and proposed redundancies. Planning for any proposed redundancies, addressing timescales and business impact. To preparing the written notice of redundancy, calculating and explaining how redundancy payments have been made. We are also able to train managers to ensure they have the necessary skills and support to handle the process effectively.

With all our HR Advisory Services we start with a 30-minute discovery call. In this call we discuss your businesses core needs, aims, objectives and produce a proposal document. To book your free discovery call, simply complete the form below and provide us with an ideal time and date for the discovery call.

A member of our team with contact you to confirm the booking and link you up to your HR consultant.

 

The Altitude Agency Ltd
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