UK businesses are sadly facing the harsh reality of financial viability in a pandemic landscape where government support stops at the close of October. Corporates spanning airlines, automotive, banks, retail, hospitality and utilities have already taken...
Employers who need to reduce staffing levels are inevitably faced with the litigation risks when initiating a redundancy programme. This is all the more pertinent at the present time when many businesses will be considering redundancies, having suffered losses due to the present pandemic.
So what employers need is expert advice and guidance and to ensure the employer meets its budgets, which ideally should be for a fixed fee. But this still leaves the possibility that one or more of those ex- employees may bring claims for either unfair dismissal or even for discrimination.
We work together with one of our partners to provide indemnity against claims arising from a redundancy programme with a limit of £100,000 per redundancy programme.
For a fixed cost, we can provide you with advice on any redundancy programme so that if any redundant member of staff then raises a claim arising from the redundancy, this will be covered under the indemnity.
This provides complete financial peace of mind that the whole redundancy process can be concluded for a fixed known cost, irrespective of any litigation risk.