Flexible alternatives to redundancies

Is there another way of reducing staffing costs? 

Flexible working practices may suit some employees and reduce your staff costs.

Employees may be willing to reduce their hours to secure their jobs. Think about short-time working until orders increase or consider lay offs if you can see that demand will increase again in the future. You must consult with staff though.

Consider voluntary redundancy. You can say no to key workers.

Immaculate planning will not prevent you from losing other employees who were not on your list of affected employees.

Retraining for a new role is often cheaper than redundancy. Future flexibility is ensured with multi-skilled employees.

Effective People can help with practical, flexible working strategies such as annualised hours, zero hours contracts and creating versatile working practices that benefit the business and employees.