One To One Redundancy Consultations

When organizations restructure and make redundancies it creates a very uncertain environment for employees. Our unbiased one to one redundancy consultations can help smooth this transition.

Our focus is on assisting employees to understand their redundancy statement and pension option statement so that they can raise questions and make an informed decision.

We remove a significant burden from the HR team by confirming the calculation of the tax treatment on the lump sum, explaining top slicing relief, ensuring the employee understands the effect of the redundancy on their pension and social welfare entitlements as well as offering the potential leaver advice on how best to utilise their lump sum.

We recently facilitated a large voluntary leaving campaign on behalf of one of Ireland’s largest employers. We conducted some 700 one to one redundancy consultations over a three week period which assisted in 150 employees accepting the severance package on offer.

The outcome for the employer from our redundancy consultation service is;

• Provision of impartial financial advice for potential leavers at a
  time of great uncertainty
• Frees up HR time to focus on the planned restructure and not on
  the financial implications for the individual member of staff
• Ensures that experienced qualified consultants are offering
  unbiased expert financial advice
• Competitively priced service that helps the company achieve its
  restructuring goals and objectives