Firm News
Greater demand for advice on Redundancy and Lay-offs
Warwickshire accountants Murphy Salisbury have reported a sharp increase in the number of businesses and employees seeking advice on redundancy, lay-offs and business transfers compared to the same period last year.
Paul Salisbury, managing partner of Murphy Salisbury said: “Employers are seeking advice about their legal responsibilities, consultation periods and how to decide which employees to make redundant. Whereas common enquiries from employees include asking about their own notice period and redundancy pay levels.’
“Given the challenging economic environment, this is not surprising and we are urging businesses to resist any knee-jerk reactions, and ensure that decisions are assessed well ahead of being made.
“Thinking about the longer term or looking at alternatives to redundancy, such as redeployment, are just two areas where businesses may be able to save jobs and money in the medium-long term.’
To find out more about how working with our leading firm of accountants in Stratford-upon-Avon and Warwickshire can help you, please contact us.
