The Value Of A Redundancy Policy And Top TipsPosted in : The Essential Elements of the Employee Handbook on 2 July 2020
A redundancy policy, like many of the policies and procedures that make up an employee handbook, is not a legal requirement. However, the value of an up to date and well implemented policy goes a long way to ensuring good practice if a redundancy situation arises.
A redundancy process can be complex, not to mention stressful for everyone involved. Getting a redundancy process wrong can have reputational and financial consequences for employers, with potential exposure to claims like unfair dismissal, redundancy pay and discrimination.
Taking time to map out and communicate how the process will be managed as well as employee rights and entitlements can be a great way to maintain trust and
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