Redundancy Insurance

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Making Staff Redundant

If your business changes the way it works or if there is a reduction in your levels of business, it might be that the jobs of some of your workers become redundant. If this occurs, you need to make sure you act properly.

Making a person redundant is never a nice thing to do and it may arise as a result of a changing marketplace or other external factors over which you have little control. Additionally, announcements of likely redundancies in your workforce may damage productivity and morale. But if you cannot avoid making redundancies, it is important to follow the correct procedures to ensure that your staff is treated fairly and that your business complies with the law.

You should give consideration to advising remaining employees about the benefits of having Redundancy Insurance. Often when staff have this form of Redundancy Protection they are more amenable to voluntary redundancy when this becomes necessary. This will obviously considerably reduce the problems that you as an employer will have when this situation arises. UKinsuranceNET can provide you with advice as to how you could offer this insurance as an affiliate to our business.

UKinsuranceNET Accident, Sickness & Redundancy Insurance policies can be tailored to suit your individual needs. Simply click for a quote. Alternatively speak to one of our highly experienced consultants today on 0845 365 1264 or fill out our online quote request form and one of our advisors will contact you.