Getting the Right Support in the Event of Redundancy

Almost half of UK firms are considering cutting jobs as the recession continues, according to a new study. This means that more than 13 million are threatened by the prospect of redundancy, it warned.  Whilst some sectors are going to be hit harder than others (manufacturing and industrial) no sector is immune.

By the end of the first week of April, more redundancies by Britain's big conglomerates were announced:

• British Airways said that the "tough economic climate" had forced it to cut 300 jobs as part of a targeted voluntary redundancy scheme.

The British insurance industry was left reeling after two large firms announced they were making a total of 2,250 job cuts.

• Aviva is to cut 1,100 jobs in Britain.
• Reinsurance group Swiss Re said it planned to cut 10% of its workforce – equivalent to around 1,150 jobs – as part of an efficiency drive.

Being made redundant is one of the most stressful experiences anyone can go through. In addition to possibly enduring financial hardship, redundancy can place sudden stress on an individual to find appropriate work within a short amount of time. And if no employment is secured shortly after redundancy, various problems – especially financially-related issues – can begin to snowball out of control, causing individuals and their families immense amounts of stress and hardship.

Fortunately there is help available for those "at risk" of redundancy who live or work in the East of England.

The European Social Fund and The East of England Development Agency have specially created ‘Response to Redundancy' to generate real action for workers in Cambridgeshire, Bedfordshire, Essex, Hertfordshire, Norfolk and Suffolk.

R2R provides up to £1000 per employee to cover career guidance, skills assessment, explore career options, training funding, vocational qualifications and workshops to help candidates match and market themselves to new and hidden opportunities.

It is also particularly designed for those who are working their notice or on gardening leave whilst technically still employed to help them find appropriate work as quickly as possible.

To apply for R2R, you can speak to an accredited R2R Advisor at Recrion today on (01780) 484910.

Response to Redundancy is a real, well-timed and practical solution to allow sensitive employers help staff resettle and retrain in new vocations and directions.  You'll find our Redundancy Management Service helps all sorts of East of England employers quickly access R2R support and funding in ways which are fast, effective and above all, satisfying for both company and employee.

Don't delay. Make R2R work for you and your contacts today.