One of the most stressful and unpleasant events in any organisation is facing the need to retrench employees. If you find yourself in this scenario, there are a number of critical factors to bear in mind.
Bear in mind that there is a need to achieve the operational requirement for retrenchment as well as a need to look after the emotional well-being of the staff that are affected. Employees being retrenched may have been with your company for a long time, so the process needs to be handled with great sensitivity.
Here are the 10 most important factors:
You may benefit from listening in on our retrenchment podcast that was recorded with the intention of providing qualified guidance to all stakeholders involved.
Any organisation considering retrenchment should ensure that the process is handled correctly and that the interests of all parties have been considered in a caring and professional manner. If you would like further information or guidance with this, please make contact with us.
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