When HR understands the financial story of an organisation it moves from support function to strategic partner.
Redundancy Decoder
Financial & Commercial considerations for leaders running a redundancy programme
Split into three phases this document guides you through the redundancy process from a finance perspective. It’ll show you what you need to consider aside from the obvious redundancy payments and salary savings.
Phase 1 Before you announce anything
Phase 2 During Consultation
Phase 3 After the Exits