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This month the Government has announced that the “Planned Rate of Redundancies” as at the end of June 2021 is at its lowest since 2015 and suggesting that only 15,661 roles were currently at risk. To put this into context, there were over 150,000 roles at risk in the same period last year, and around 20,000 roles being at risk in the same period the year before.
On face value, that appears to be a very impressive statistic given that the UK remains affected by the COVID-19 Crisis, despite steps being taken from 19th July to ease restrictions in England following the so called “Freedom Day”.
Upon closer inspection however, it becomes apparent that this data comes from the receipt of HR1 forms by the Secretary of State, for which there is a mandatory requirement to submit where it is intended that there will be 20 or more employees made redundant at any one establishment within 90 days.
When considering that data, it should be noted that:
Having considered the above, whilst these statistics provide a glimmer of hope, it may not yet be the sign of a recovery to come.
For many the next few months are likely to be critical and some difficult decisions are likely going to have to be made. In the event that you are considering making redundancies and need support in ensuring that you have a full and robust process, that you are able to comply with relevant obligations, and wish to seek to avoid tribunal claims wherever possible, we are on hand to help.
If your business is considering redundancies and you would like to discuss this position and/or the use of Settlement Agreements in such circumstances, then please get in touch with Jason Alcock, who works with businesses to resolve a wide variety of employment law issues. You can contact Jason on 01543 267456 or email him at firstname.lastname@example.org
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