The Credit Crunch means that predictions are gloomy for the year ahead. Organisations are re-structuring, cutting staff numbers and reducing their recruitment activity. While job uncertainty is at the highest it has been for some time, the job market is also becoming tougher and more competitive.
Managing staff exits is perhaps one of the most challenging activities faced by HR Managers and the line management team. Handled carefully, an organisation and its staff can emerge from redundancy programmes in good shape. Handled badly, it can simply be a PR relations disaster with lasting ramifications.
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