TITLE

Layoffs must be last resort, warns CIPD

AUTHOR(S)
Phillips, Lucy
PUB. DATE
January 2009
SOURCE
People Management;1/15/2009, Vol. 15 Issue 2, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the British Chartered Institute of Personnel and Development is urging employers to make redundancies their last option. Business should instead plan for recovery by retaining staff, said John Philpott, the institute's chief economist, adding that the average cost of making an employee redundant was £16,375, excluding any hidden costs. He also states that short-time working, reduced hours, pay freezes, wage cuts and sabbaticals were all legitimate ways of staving off redundancies.
ACCESSION #
36323251

 

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