Redeploying workers instead of cutting headcount during tough economic times can save your business millions of dollars in employment costs, according to Human Capital Management Solutions CEO, Trevor Vas.
Employers compelled to make employees redundant because of the economic downturn are still entitled to enforce restraint clauses, says Minter Ellison Lawyers partner, Gareth Jolly.
Employers that refrain from indiscriminately slashing staff numbers and adhere to the 10 "DOs and DON'Ts" of the redundancy process will be "poised to enjoy a competitive advantage" as the economy rebounds, according to the authors of a white paper from the Human Capital Institute and Taleo.
Concealing a company's shaky financial position from employees during the economic downturn could be grounds for an unfair dismissal case should redundancies ensue, according to a workplace lawyer.
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