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By michaelscutt, 23/12/2008 4:58 pm

May I wish all readers of this blog all good wishes for Christmas and the New Year? I will be adding additional posts over the festive period, depending on how bored I become with eating, drinking and watching TV.

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By michaelscutt, 18/12/2008 4:43 pm

A recent case dealt with the obligations on an employer when making redundancies to try and redeploy “at risk” staff into “suitable alternative employment”.  What does this mean though?  In most consultation processes very little effort is often expended by the employer into fulfilling its obligations.

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By michaelscutt, 16/12/2008 10:49 pm

I’ve been writing quite a lot recently on employees’ rights when selected for redundancy  and have covered most of the main issues on rights, selection criteria and compensation.  I thought it might be helpful to set out, on a no names basis of course, the general trends I am seeing from the clients from financial services companies coming in to the office.

1. Consultation – often  ignored.  If more than 20 people are placed at risk in one “establishment”, basically one office (although the law is not entirely clear on this point), within a 90 day period (or 100 people in a 90 day period)  then the employer must consult with the affected staff for at least one (three) months.  Some employers are not doing this or are paying one month’s salary as compensation for the failure to consult. 

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By michaelscutt, 10/12/2008 1:54 pm

If you want a rationale for redundancy selection, look no further than the cartoon below.  It doesn’t get nearer the knuckle than this,

Daily Telegraph 9th December 2008

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By michaelscutt, 10/12/2008 11:39 am

No, I’m not talking about the Chelsea centre half but the cartoon in the Daily Telegraph.  His cartoons are worth the cover price of the Telegraph alone.  Witty, ascerbic and they tell you more about City life than any number of learned articles or (ahem) blogs.  For instance, see the cartoon for the 27th November last;

Alex - Daily Telegraph 27th November 2008

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By michaelscutt, 06/12/2008 11:27 pm

Judging from the traffic on this site, redundancy is the big employment law issue at the moment and not surprisingly given the current climate. 1,000 job losses announced this week at Nomura, 650 at Credit Suisse and that on top of the losses at Goldman Sachs and Lehman Brothers. In my day job I am seeing plenty of people from investment banks and beyond, all with concerns and queries about either being told they’ve been selected for redundancy or are at risk. If you’re one of those people what do you need to know?

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By michaelscutt, 05/12/2008 4:27 pm

Now that Christmas is in three weeks time it seems appropriate to repeat my annual warnings about the perils of enjoying the office Christmas party too much (assuming, of course, that your employer is still holding one).