View Post

The Pain of Letting Go : Collective Redundancy Policies

When a company decides on a collective redundancy programme, one of the most significant issues they need to consider is what redundancy policy to use. There have traditionally been three policies available to employers: 1.    FIFO or first in first out 2.    LIFO or last in first out 3.    Selection matrix FIFO is now considered an outdated practice, as it …