Employment Law News

For advice on all aspects of employment law please contact us today.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Login
Posted by on in Redundancy
  • Font size: Larger Smaller
  • Hits: 1384

Redundancy a top concern of managers

Nearly half of UK managers (43%) are expecting further redundancies in 2012, and over a third of managers (38%) feel insecure in their jobs, according to the annual end of year research from the Chartered Management Institute (CMI). Over half of the managers surveyed felt that they would be unlikely to get another job if they were to be made redundant.


The Future Forecast report reveals that optimism about the UK’s economic performance remains low for 2012 at just 8%. Restructuring of public finances, the price of energy and the instability of the euro are all the top factors which managers expect to have a damaging impact on their organisations next year.


Alongside that, managers are nervous about their organisations’ people capabilities, with 43% feeling that their place of work did not have the right staff to fulfil business objectives in 2012. A shortage of the key skills was highlighted as the primary issue preventing organisations from meeting their business objectives with poor leadership, insufficient experience and a lack of enough employees also contributing.



We use cookies to improve our website and your experience when using it. Cookies used for the essential operation of the site have already been set. To find out more about the cookies we use and how to delete them, see our privacy policy.

I accept cookies from this site.

EU Cookie Directive Module Information