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Does a redundancy payment to an employee get posted on the P&L or balance sheet?
Written by John Berry on 6th May 2017. Revised 16th November 2020.
1 min read
Any redundancy payment that an employer makes to an employee is part of pay and hence is an expense accounted for on the employer's profit and loss account, taken in the month in which the redundancy occurs.
No redundancy procedure? Build one now!
Written by John Berry on 3rd May 2017. Revised 16th November 2020.
4 min read
Redundancy occurs when a firm finds that it has a ‘diminished need for work of a particular kind’. When a firm decides that it does indeed have need of less labour, it must follow its own published procedures in making staff redundant and these procedures must be fair and lawful. But if you don't have a redundancy procedure, you will trip!
Making Staff Redundant: top tips
Written by Sue Berry on 3rd May 2017. Revised 16th November 2020.
5 min read
Determine a redundancy process and follow the process completely. A sensitive and fair approach will avoid the need for your employees to ask ‘why me?’ and then ‘am I being treated fairly?' followed swiftly by ‘can I take a case to Employment Tribunal?’ Here are some top tips for managers when making staff redundant.
Opportunity favours the prepared manager
Written by John Berry on 16th June 2018. Revised 16th November 2020.
6 min read
Realising strategy is not planning exactly what to do – because beyond a few short sprints, you don’t know. It’s about developing a purpose, a broad strategy, a trajectory, and from this, a plan of the capability to be realised. Then you’re ready for almost anything.
Why some people are developable and others not
Written by John Berry on 1st December 2017. Revised 16th November 2020.
6 min read
If everyone would strive, achievements would drive outcomes. If managers could get everyone striving for growth, their organisations would grow. Achievement and growth are key to sustainable business so it’s in everyone’s interest to strive. Here's how to achieve it.
Energy and process – two keys to successful staff development
Written by John Berry on 16th October 2017. Revised 16th November 2020.
4 min read
Staff development is the act of persuading a member of staff to change – to change their skills, knowledge or behaviours – towards that wanted. That persuasion comes by way of training, mentoring or coaching. Staff have existing competencies and behaviours. The difference between what’s needed and what’s available today is what any development must focus on.
