by Sarah Maher | Oct 1, 2020 | Redundancy, Redundancy Management
In April, Debenhams closed its Irish operations leading to the collective redundancy of around 1,000 workers. The fact that the employees were only offered the minimum statutory redundancy package has been a cause for contention due to an agreement formed in 2016...
by Sarah Maher | Oct 1, 2020 | Redundancy, Redundancy Management
When the news broke in September that Ireland is officially in an economic recession, it likely didn’t come as much of a shock. The 6% rapid drop in Gross Domestic Product (GDP) surpassed all previous records – even those from 2008. Optimists among us argued that we...
by Sarah Maher | Apr 6, 2020 | HR Support Services, Redundancy Management
In March, the Economic and Social Research Institute predicted that the Irish economy could shrink by 7% in 2020, with EY Ireland stating it could shrink as much as 13% depending on the length of the Covid-19 restrictions. For a nation still not fully recovered from...
by Insight Editor | Oct 29, 2019 | HR Support Services, Redundancy Management
Cutting Your Labour Costs Change is inevitable for most companies but when it involves displacing employees through restructuring or downsizing, your organisation may require external professional advice to help you implement redundancy, short-time or lay-off...
by Insight Editor | Dec 10, 2018 | HR Support Services, Redundancy Management
Britain’s vote to leave Europe with no-deal has the potential to rock the Irish economy, with those working in agri-food, agriculture, traditional manufacturing and road-transport likely to be the hardest hit. Economic experts believe a no-deal Brexit will have...
by Insight Editor | Nov 21, 2012 | HR Support Services, Redundancy Management
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...
