Redundancy is when one or more positions are regarded unnecessary and will be eliminated. This can happen as a result of restructuring, downsizing, a change in business needs, or when an employee’s skills are no longer required.
In human resources, redundancy is defined as the elimination of one or more positions due to organizational restructuring, downsizing, or a change in business needs. Redundancy can also occur when an employee’s skills are no longer required by the company or when their role is no longer needed.
In any redundancy situation, it is important to remember that people are affected. Redundancy can have a significant impact on an individual’s wellbeing, career, and finances.
When announcing a redundancy, employers should be as sensitive as possible. It is a difficult time for those who are affected and clear communication is vital. Employees should be given as much notice as possible and be given the opportunity to ask questions and express their concerns.
There are a number of different ways to manage redundancy. The most important thing is to act fairly and consistently.
The options available will depend on the individual circumstances but may include:
Redundancy can be a difficult time for everyone involved. However, by following a fair and consistent process, employers can minimize the impact and help employees to move on to new opportunities.
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