Latest on redundancy
Read our latest features and articles on redundancy.
New HMRC process for termination payment queries
- Article
- 21 Feb 2024
HMRC’s latest Employer Bulletin states that termination payment enquiries should now be made through the non-statutory clearance service.
Employer Bulletin: April 2023
- Article
- 26 Apr 2023
ICAEW’s Tax Faculty shares highlights from the latest edition of HMRC’s Employer Bulletin.
What do early-year retail redundancies mean for the sector in 2023?
- Article
- 13 Mar 2023
Thousands of UK retail workers lost their jobs in the first two months of the year – what are the prospects for the sector as a whole for the rest of this year?
The golden rules for making redundancies
- Article
- 03 Nov 2022
Dismissing employees is an art, not a science. Some bosses have mastered it well; others fail abysmally and – thanks to social media – very publicly. We consider six things to avoid when delivering bad news.
Employment law pitfalls and how to avoid them
- Article
- 16 Nov 2021
Employment law specialists from Edwin Coe outline common mistakes and complex issues that employers may grapple with and how these can be avoided with a better understanding of the legal issues.
IR35 and employment status: no silver bullet
- Article
- 17 Feb 2021
17 February: With less than two months until new IR35 legislation comes in effect in the private sector, employment law expert Mark Hammerton explains end-user options for the off-payroll working rules implementation.
Exclusive
How to handle making people redundant
- Article
- 13 Oct 2020
Managing the difficult situation of redundancy
Templates
Model documents covering individual and collective consultations for redundancy can be provided by email from the ICAEW Library & Information Service on request.
Template redundancy letters and agreements
- Listing
Redundancy letter templates covering individual and collective consultations and model redundancy agreements are available from the ICAEW library.
Reports and guidance
LIBRARY
Resources on accounting for redundancy
- Listing
- Nov 2023
An outline of some of the resources available to ICAEW members on accounting for redundancy.
Exclusive
BUSINESS DEPARTMENT
An overview of managing a redundancy process
- Helpsheets and support
- Dec 2022
This guide covers the general legal and human resource issues you would need to consider and does not replace expert advice.
Exclusive
TECHNICAL ADVISORY SERVICES
Redundancies under FRS 102
- Helpsheets and support
- Nov 2021
Technical helpsheet issued to help ICAEW members and Financial Reporting Faculty members, understand the accounting considerations and requirements for redundancy payments under FRS 102.
MEMBERS DEPARTMENT
Chartered accountants facing redundancy
- Helpsheets and support
- Jun 2020
Information sheet offering guidance for Chartered Accountants facing redundancy.
Exclusive
BUSINESS AND MANAGEMENT FACULTY
Special Report 66: Managing Change
- Report
- Dec 2019
- PDF (1,804kb)
Change is inevitable, it is all around us. Brexit, political upheaval, increasing regulation and a growing protectionist agenda make it incredibly difficult to run your business.BAM are here to help, with our special report on managing change, we can help successfully guide you through inevitable change with our practical tips and hands on approach.
Exclusive
BUSINESS AND MANAGEMENT FACULTY
Effective employment strategies
- Helpsheets and support
- Jul 1996
- PDF (141kb)
Good practice guideline issue: This Guideline is designed to cover most of the issues which anyone who has responsibility for employing other people will have to face.
Exclusive
BUSINESS AND MANAGEMENT FACULTY
Special Report 44: Change management and reorganisation
- Report
- Mar 2014
- PDF (1,333kb)
The rapid rise in company collapse seen in the last decade is blamed on the failure to diversify and change; this report covers some of the practical aspects of reorganisation and change management.
Exclusive
BUSINESS AND MANAGEMENT FACULTY
Special Report 52: People and skills
- Report
- Feb 2016
- PDF (4,295kb)
This quarterly report deals with recruiting and retaining the right staff with good practical tips and advice from a variety of specialists.
Webinars
Redundancy webinar from Acas and Howden
- Webinar
- 18 Mar 2021
Practical webinar recording with Acas and Howden Employee Benefits and Wellbeing, looking at the facts and support around redundancy for employers and employees.
Exclusive
Redundancies in the Hospitality Sector
- Webinar
- 11 Nov 2020
This webinar explored the immediate issues and potential issues relating to the furlough and job retention schemes and what this could potentially mean for businesses when redundancies become a necessity.
Facing redundancy - what are my legal rights?
- Webinar
- 08 Oct 2020
Join this free webinar, hosted by the New Members Community, to learn more about your legal rights if you’re facing redundancy, and what support is available to you as an ICAEW member or ACA student.
Facing redundancy – what are my legal rights?
- Webinar
- 22 Sep 2020
Join this webinar, hosted by the Young Members Community, to learn more about your legal rights if you’re facing redundancy, and what support is available to you as an ICAEW member or ACA student.
Finding a job
ICAEWJobs
- Website
Search for your next accountancy or finance role. Use your ICAEW member log-in details to sign in.
caba: Finding work
- Website
caba has a range of career development services, including when you are looking for a new role.
Financial advice
CABA Coping with redundancy
- Website
- CABA
Even if you have seen it coming, redundancy is often a shock. CABA has a range of career development services and provides lifelong support to past and present ICAEW members, ACA students, ICAEW staff, and their close family members.
CABA Financial health
- Website
- CABA
CABA services are available to ICAEW members, ACA students and their families. You can speak to CABA for free, confidential advice. Whether you want to ensure your finances are in good shape, manage debt or plan for the future, they can help you access the best options for you.
Citizens Advice Debt and money
- Website
- Citizen's Advice
Citizen's Advice provides information on money management, including debt.
Money Advice Service
- Website
- Money and Pensions Service
The Money Advice Service provides guides, tools, calculators and support.
CABA 10 steps for dealing with redundancy and beyond
- Website
- CABA
Tips on things you can do, including looking at your financial situation, updating business contacts and CVs, and searching for a new job or career direction.
Money and Mental Health
- Website
- Money and mental health
The Money and Mental Health charity conducts research and looks at policy solutions in relation to financial difficulties and mental health.
Legal Alert
Legal Alert is a monthly checklist from Atom Content Marketing highlighting new and pending laws, regulations, codes of practice and rulings that could have an impact on your business.
Best practice: Making redundancy a last resort in a downturn
- Article
- 01 Oct 2022
Employers concerned about a downturn, if not a recession, and thinking about cutting staff costs should consider ways to make redundancies a last resort.
New practice: Employers making redundancies as COVID-19 restrictions ease should beware inadvertent discrimination against disabled employees
- Article
- 01 Jun 2021
Employers considering redundancies as COVID restrictions ease should beware inadvertently discriminating either directly or indirectly against disabled employees when choosing who to let go and take care when considering whether they need to make ‘reasonable adjustments’ for disabled employees.
Disclaimer
These articles from Atom Content Marketing are for general guidance only, for businesses in the United Kingdom governed by the laws of England. Atom Content Marketing, expert contributors and ICAEW (as distributor) disclaim all liability for any errors or omissions.
eBooks
The ICAEW Library & Information Service provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.
Exclusive
Termination benefits
- eBook chapter
- 2023
- PKF International Ltd
- Wiley
Updated IFRS edition providing a detailed reference guide with practical examples, and IFRIC interpretations and directions. This section briefly discusses termination benefits and other long-term employee benefits.
Exclusive
Working in employment
- eBook chapter
- 2023
- Telegraph Media Group
- Kogan Page
A chapter covering the tax treatment of earnings and benefits from employment. Includes a consideration of the PAYE system, tax codes, tax-deductible expenses, employee travel, home working, benefits-in-kind, employee share ownership, and payments on termination of employment.
Exclusive
Terminating employment
- eBook chapter
- 2017
- Barry Cushway
- Kogan Page
This chapter covers the termination of employment and includes: types of termination; avoiding unfair dismissal; wrongful dismissal; constructive dismissal; rights of redundant workers including statutory redundancy payments.
Exclusive
Employment
- eBook chapter
- 2016
- Ewan MacIntyre
- Pearson
This chapter on employment covers the difference between employees and contractors, terms of an employment contract, termination of employment , wrongful dismissal, unfair dismissal and redundancy.
Terms of use
You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
Business press
The ICAEW Library & Information Service provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.
Exclusive
John Lewis cancels employee bonus as losses mount
- Article
- 16 Mar 2023
- Katie Linsell
John Lewis Partnership Plc has cancelled staff bonuses for the second time in three years. The retail group warned of potential job cuts after reporting a large loss amid intense competition in the British retail market. John Lewis has appointed a CEO for the first time to boost its overhaul effort - new CEO Nish Kankiwala has led previous turnarounds at Hovis and Burger King.
Exclusive
Startups that grew fast learn shrinking can be just as hard
- Article
- 15 Aug 2022
- Aggi Cantrill, Olivia Solon
Lessons from dismissal methods chosen by downsizing companies - there's a right way and a wrong way to do it. Some start-ups try to make redundancies exceptionally quickly, but find employees who stay lose a lot of trust.
Exclusive
Citi wins age discrimination appeal with ex-banker called 'old' at age of 55
- Article
- 14 Jul 2022
- Katharine Gemmell
The bank Citigroup Inc. has won part of its appeal in a discrimination case brought by a former banker who was made redundant after allegedly being called 'old' at the age of 55. Niels Kirk, a managing director at Citi, had previously won his unfair dismissal suit against the bank in 2020 and was awarded nearly £2.7m ($3.2 m). However, the Employment Appeal Tribunal appeal judges ruled that the lower tribunal had not given due consideration to the relatively small age gap between Kirk and his colleagues.
Exclusive
How to help employees navigate layoffs
- Article
- 18 May 2020
- Rachel Merfalen
The article makes some suggestions as to how managers may make redundancies in a compassionate way. Its recommendations include being transparent, communicating early, allowing employees some degree of choice, and pointing to sources of post-redundancy support.
Exclusive
Redundancy... the do's and don'ts
- Article
- 01 Jan 2019
- Chloe Themistocleous
Law firm associate Chloe Themistocleous explains the rights and wrongs of redundancy, including: what is a genuine redundancy situation; how you can dismiss for redundancy fairly; going about warning and consulting employees; and the cost to the employer.
Exclusive
The redundancy process
- Article
- 01 May 2018
- Gareth Edwards
The article provides information on the redundancy process in the employment. Topics discussed include the importance of the handling of redundancy dismissals in line with the law, the criteria for selection of redundancy based on the length of service, disciplinary record and performance of employees and finding an alternative to find an alternative for redundancy by communication of employer and employee.
Exclusive
Layoffs that don't break your company
- Article
- 01 May 2018
- Sandra J. Sucher, Shalene Gupta
This article looks at how managers may handle changing workforce needs in such a way as to keep redundancies to a minimum, and ensure that if they do happen, the process feels fair and the affected parties have a soft landing.
Exclusive
"We'd like to make you an offer"
- Article
- 01 Jun 2017
- Hayley Kirton
The article discusses issues related to exit agreements for employees as part of human resources (HR) work. Topics include the negotiation of settlement agreements with employees who have become redundant, the need for documentation of offers to avoid unfair dismissal claims, and the role of confidentiality clauses in agreements.
Articles and books in the ICAEW Library collection
The collection of the ICAEW Library & Information Service includes a range of articles, books and reports related to redundancy. Use the links below to see what we have available to request in our Library catalogue (Libcat).
Payments on termination
- Library book
- 2018
- R.Bolten
- LexisNexis
Tolley's Tax Digest providing an update on topics including: introduction to the £30,000 tax-free threshold, making statutory redundancy payments and operating a contractual redundancy pay scheme.
Employment law handbook
- Library book
- 2017
- D.Barnett
- The Law Society
A comprehensive overview of the main topics within employment law, in an easy-to-use format.
The Employer's Handbook 2017-2018
- Library book
- 2017
- B.Cushway
- Kogan Page
This fully updated edition covers recruitment, contracts, benefits, performance management, maternity and paternity rights, personnel records and data protection, terminating employment, and ensuring the health, safety and welfare of employees and pension obligations. It also provides access to a unique set of downloadable templates, forms and policy documents for dealing with key employment issues.
Drafting employment contracts
- Library book
- 2017
- G.Howard
- The Law Society
Providing practical and thorough coverage, this book is both a tool for drafting employment contracts and a guide for creating policies and executing them. The chapters contain example precedent letters, terms and conditions, policies and clauses related to employment contracts. Topics covered include absence and sick pay, maternity, paternity, adoptive and parental leave, disciplinary and performance procedures, redundancy, grievances, harassment, bullying and whistleblowing.
The law of termination of employment
- Library book
- 2012
- R.Upex
- Jordan
The book provides coverage of the statutory and common law rights, as well as procedural considerations. It also deals with problems beyond termination such as competition from ex-employees, while worked calculations of compensation in unfair dismissal cases illustrate how the law operates in practice.
To find out how you can borrow books from the Library please see our guide to borrowing books.
You can obtain copies of articles or extracts of books and reports through our document supply service.
External resources - Acas guidance
Advice, guidance and practical resources on a wide variety of recruitment topics for both employers and employees, produced by the Advisory, Conciliation and Arbitration Service, Acas. Acas is the employment relations service for England, Scotland and Wales offering practical, independent and impartial advice to employers, employees and their representatives.
ACAS: Your rights during redundancy
- Website
- Acas
Guidance on redundancy from the Advisory, Conciliation and Arbitration Service (ACAS).
Managing staff redundancies - step-by-step
- Website
- Acas
Acas information for employers on redundancy issues, covering key points and employee rights.
Redundancy appeal letter template
- Website
- Acas
Letter template for employees raising an appeal against being made redundant. Free to download and use.
Your rights during redundancy
- Website
- Acas
Guidance for employees on their rights during redundancy.
Terms of use
ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided 'as is' with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.
External resources - Guidance and advice
CABA 10 steps for dealing with redundancy and beyond
- Website
- CABA
Tips on things you can do, including looking at your financial situation, updating business contacts and CVs, and searching for a new job or career direction.
CABA Coping with redundancy
- Website
- CABA
Even if you have seen it coming, redundancy is often a shock. CABA has a range of career development services and provides lifelong support to past and present ICAEW members, ACA students, ICAEW staff, and their close family members.
CABA Redundancy Legal Advice
- Website
- CABA
CABA provides lifelong support to past and present ICAEW members, ACA students, ICAEW staff, and their close family members. If you have a legal query relating to employment law, their confidential and independent telephone advice from LawExpress can provide help.
Calculate your employee's statutory redundancy pay
- Website
- HM Government
Government calculator for employers to work out payments based on age, weekly pay and number of years service.
Citizen's Advice on redundancy
- Website
- Citizen's Advice
Information on redundancy, including reasons that would be considered reasonable or unfair, notice periods and pay.
Insolvency and redundancy
- Website
- gov.uk
Government information on workers' rights if an employer is insolvent, applying for money owed and how to contact the Redundancy Payments Service.
Making staff redundant
- Website
- HM Government
Government guidance covering lay-offs and short-time working, non-compulsory and compulsory redundancies, staff consultations and redundancy pay.
Redundancy
- Website
- Chartered Institute of Personnel and Development
Factsheet , Q and As and case law on redundancy from CIPD. Registration is required to access this material.
Terms of use
ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided 'as is' with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.
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