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Jul 30, 2010
suggests high rate of redundancies
CIPD ‘RedundancyWatch’ suggests high rate of redundancies set to continue into second half of 2009
New data from the Chartered Institute of Personnel and Development (CIPD) shows that the proportion of HR professionals seeking advice on how to make staff redundant barely changed between the first and second quarters of 2009, suggesting that redundancies are set to continue at a high rate into the second half of the year.
An analysis of around 15,000 calls made to the CIPD’s legal helpline each quarter - released as part of the CIPD’s ongoing ‘RedundancyWatch’ series - finds that the proportion of enquiries related to redundancy fell by only a single percentage point between Q1 (19%) and Q2 (18%). This compares with 12% for the second quarter of 2008; itself at that time a very high figure in comparison with previous years which the CIPD correctly identified as a leading indicator of the avalanche of redundancies that subsequently hit the jobs market.
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