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Redundancy Support for Employees

  • Blog
  • 8 January 2020

Supporting Employees Through Redundancy is More Important Than Ever

In today’s fast-paced world, technological advances are being made simultaneously in different fields of work and one technology is coming in after the other in fast succession. This impacts the work place and the redundancy rate now is greater than ever. Nowadays, it’s only a matter of months between a vacancy opening in a company and the company not needing the service of a human anymore for that particular purpose. Automation and artificial intelligence is devouring thousands of jobs worldwide. The importance of redundancy support for employees is increasing by the day.

Operating a redundancy support programme has many benefits. These are primarily for employees but the employer can benefit too from it to a great extent. Redundancy support can work in many ways. It may be career development, advising the employers, skill training for employees and transferring the employees facing redundancy to fields of work where they are still very useful. Such a programme can bear great results if it prevents employees from being made redundant in the first place. It can keep them from becoming unemployed by helping them to learn new skills which they will need to stay useful for the employer. Employees themselves should be on the watch for any potential dangers to their employment. If they see they are going to have trouble in the future, they need to seek career management advice and attain the latest skills to keep their job.

 

What are the benefits of providing redundancy support?

The most pronounced benefit of such a programme is for both the organisation, and the worker. If the organisation retrains an employee to retain them in the workforce, both sides win. This is because a current employee who has experience working with a particular organisation is usually better than a new one, who is yet to learn the dynamics of the workplace. If we look from the employee’s viewpoint, retaining a job through a redundancy wave will give them encouragement to work harder and will motivate them to keep training to keep along their old colleagues and their old job.

In case the employee is made redundant and can no longer hold a job at the company, career transition support can help them cope with the stress and help them find a job. It is always easier to find a new job when it’s done with the help of professionals. In this case, the specialists who will help the employee through this period of time will have direct experience of working with those facing redundancy. They will know how they need to be treated, and what information they need to prepare them for the job hunt and a new role.

Sometimes, technology completely destroys a profession. Sometimes a person has to completely leave the job sector when all the skills they had acquired during their working period go completely useless. Such people have no other choice but to start a business or learn something else from scratch. Most go for business plans, and redundancy support helps them in their plans by providing advice and support.

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