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Employers looking to bring retrenchments forward before Fair Work Bill

More than a third of Australian employers are considering bringing forward retrenchments to take effect before 1 July when the Fair Work Bill is introduced, recent research has found. A Drake International survey of almost 600 employers found that the...

Published Thu, Apr 30 2009 3:27 AM by Lawyers Weekly

Filed under: retrenchments, downsizing, layoffs, redundancies, human resources, implications, unfair dismissal, fair work bill, provisions, impact

Employees face new world and must adapt to survive

One in three candidates have been affected by redundancy either directly or indirectly, and while some may have only been affected by employers making job cuts elsewhere in their organisations, it has meant many are living in a state of fear about their...

Published Tue, Mar 24 2009 6:44 AM by Lawyers Weekly

Filed under: retrenchments, downsizing, redundancies, stress, consequences, anxiety, what to do, implications

Cheap approach to redundancies costs employers dearly

The current round of downsizing by employers is not achieving desired results, with employee morale, motivation and productivity diving after most retrenchment programs, according to research from Drake International. It found that 40 per cent of remaining...

Published Mon, Mar 16 2009 1:21 PM by Lawyers Weekly

Filed under: engagement, productivity, retrenchments, downsizing, layoffs, redundancies, effectiveness, consequences, effect

Slaphappy layoffs damage employment brand

While the economic downturn has turned the recruitment tables in favour of employers, companies need to be sensitive to employees during the redundancy process to avoid long-term damage to their employment brand, according to Phil Ruthven, Chairman of...

Published Fri, Feb 27 2009 10:37 AM by Lawyers Weekly

Filed under: retrenchments, downsizing, cost of redundancies, layoffs, employment brand, redundancies, impacts of redundancies

Companies must play by redundancy rules

Employers looking to reduce workforce costs in the current economic climate must remember there are clear rules to be respected if they wish to avoid costly claims that would outweigh the initial cost reduction, according to the Recruitment & Consulting...

Published Fri, Feb 27 2009 10:30 AM by Lawyers Weekly

Filed under: retrenchments, downsizing, regulation, redundancy requirements, legislation, redundancy laws, law

Calculating the cost of redundancies

The UK's Chartered Institute of Personnel and Development (CIPD) has estimated that the average direct cost to employers of making redundancies can reach £16,375 ($34,991) per employee, even before hidden costs like higher labour turnover and...

Published Fri, Feb 27 2009 10:14 AM by Lawyers Weekly

Filed under: return on investment, retrenchments, cost benefit of redunancies, downsizing, cost of redundancies

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