While the job market continues to look buoyant, some believe that raised interest rates and borrowing costs have led to a 60 per cent increase in planned redundancies in the last quarter.
Redundancies and dismissals in general have been a hot topic in the media recently following the mass sacking of P&O Ferries staff, which highlighted the serious issues that can ensue when an employer gets the process wrong, purposely or otherwise.
While every redundancy process and the circumstances will be unique to each business, there are a few general principles and rules that employers should follow to help them avoid employment tribunal claims when making redundancies.