Seb Human Resource Report

5.2 Redundancy 5.2.1Definition Redundancy is the temporary suspension or permanent termination of employment. Commonly used acronyms take: lay-off and curtailment. Redundancy often occurs to multiple employees at once. Reasons for wordiness include: * A position is no longer needed * Business-slow down particular (recession for instance) * Cost-cutting (Tyson, 2006) When being made redundant the employee is given a original amount of time to find a mod conjecture (this varies depending on industry, and confederacy). The employee being made redundant may chose not to work the remaining period, but may then sustain entitlement to abundant periphrasis payment. (Tyson, 2006) Severance packages are excessively popular for employees to receive when being made redundant. The redundant employee may also apply for unemployment benefits, if he or she fails to find a new job. (Tyson, 2006) 5.2.2Redundancy Planning When a company is planning for redundancy it is common to go through a deselection branch. This implies the company will go through a systematic outgrowth to decide who will lose their jobs. (HRM Guide, 2010) Companies that operate in some(prenominal) countries may choose to concentrate their redundancies in the countries with the lowest rift costs.

(HRM Guide, 2010) This can be interpreted as quite unfair, as employees in less developed countries may suffer more, not because of their own competence, but due to government policies and wages. There is a lot of critique regarding this matter; managers in charge of redundancy typically focus on a target numeral to make redundant. This may result in little view being given to the quality of staff leaving the business. This ostensibly is a problem as years of work building strong competencies can be undone in a short period of time. (HRM Guide, 2010) In the aftermath of the financial crisis, legion(predicate) companies have received critique. Some believe the cutting process has gone too far. Hamer,... If you want to get a full essay, order it on our website: Orderessay

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