Large scale redundancy or change programmes can be logistical nightmares, with hundreds of settlement agreements to negotiate and a minefield of potential hiccups. We’ve been working to deliver a number of large scale redundancy projects recently, and have collected our top three tips to keep your programme running smoothly:
- Get on top of your data
Update employee contact details and compile a database. Revisit existing contracts and find commonality – is there a particular group of employees that belongs to a particular pension scheme, a bonus scheme, or have a company car? What are the likely sticking points?
- Centralise negotiations
Instead of individuals engaging their own representatives, encourage the use of a single or discreet number of solicitors to act on their behalf. Work to negotiate a standard ‘deal with all’ agreement template which can then be adapted to each employee, with relevant clauses added or dropped. This will avoid having to begin negotiations afresh with each employee.
- Lead employees by the hand
There are lots of tech options for bulk document signing to make your project run smoothly – but only if everyone can use it smoothly – run a feasibility test with the relevant population, put immediate support for those who struggle and update them regularly – what is coming next and what do they need to do. Being proactive in this regard will avoid scrambling for signatures on deadline day.
If you have a similar large scale redundancy or change project on your plate, you can get in touch with us here.
For Redundancy programme guidance, visit this section of the resource hub.
