Redundant personal

Twenty applicants for every vacancy in London.

The average number of applicants for every vacancy in London stands at 20, sounds bad? Then the figure for the Isle of White is even worse at 24 applicants per vacancy.

The figure quoted is of course an average figure with some vacancies being heavily oversubscribed and others receiving no applicants at all.

From our perspective if we let it be known we are seeking a Business Analyst we will receive so many CV’s from “wannabes” that we spend hours of our time rejecting applicants that do not meet the criteria which slows down the process of identifying the right people: whereas trying to find a good cash management sales person with language skills is as rare as hens teeth. Before you send in a CV we are looking for neither at present, though people with foreign language skills are always of interest. (more…)

Not a nice word either phonetically or meaning; it still conjures up images of the 1920 depression, life on the streets and poverty. Redundancy should be looked at as a wakeup call, a time to get out there and do the things you really want to; this may be down to finances but if you received a good severance package then now is the time to take that leap into the unknown.

New analysis suggests that £18.4bn has been paid out in severance payments since September 2008, yet where has this money gone and has it made the recipients happier or healthier; probably not. (more…)

Are you selling yourself short?

We know times are meant to be hard and that a lot of people have been out of work for a long time, but should you take a job that is paying well below the market or is a job that you have no intention of sticking to.

Yes you have bills to pay, yes you need to get out of the house and back into employment, but you should really look at what you are worth and then aim for that goal. (more…)

Psychological health or stupidity?

A new dictum from Brussels may entail companies laying off even more staff than they thought necessary. Brussels is considering forcing bosses to assess the psychological health of staff and the local community before making staff redundant; whoever came up with this idea is obviously not in the real world.

A company is struggling and having to reluctantly lay off a number of staff as jobs disappear, the number to go is 20 staff, however if Brussels get their way the company will have to employ a psychologist or a team of psychologists to do a study on the effect of redundancies on the staff and the local community. (more…)

How hard are you prepared to work to get the career you really want?

We are in unusual times where the number of people chasing a small number of jobs is increasing by the day. I know that the press reported a slight increase in situations vacant this morning, but are these “sitvacs” for you?

It is the higher paid jobs that are suffering more and more, we are still seeing a large number of people being let go from the banks and finance companies, jobs that are being replaced by more junior and cheaper staff. It is the people aged 40 upwards that seem to be bearing the brunt of redundancy; possibly it is these very people that are keeping the business afloat, but they are more expensive in salary, benefits and ultimately pensions. (more…)

Did your outplacement programme deliver the goods?

Outplacement has changed a lot over the years since it was offered to me; the main reason being is that the company paying the bill for redundant workers have slashed their budgets, resulting in a greatly reduced service on offer and a reduction in the opportunity to for the redundant worker to find alternative employment.

I can understand the reduction in payment, after all is it really in the interest of the employer to spend a lot of money in helping an employee find alternative work, possibly with a competitor; when this money would be put to better use in keeping and improving the remaining employee’s remuneration or conditions. (more…)

It appears that this old adage may be true compared to a report from the DWP (Dept for works and pensions); statistics show the number claiming employment and support allowance for mental behavioural disorders rose 29% between May 2010 and May 2011.

 

The cause has been put down to the fear of being out of work or being out of work, the pressure put on staff who remain after a redundancy programme and general doom and gloom prophesised by the press. (more…)

5 minutes to clear your desk

 

An all too often occurrence in the City nowadays; so what do you do to ensure that you are not out of work for too long?

 

First of all it is essential that you are always prepared for this eventuality, remember no one is indispensable and once you have left your company you are as forgotten as the person you sat next to on the train this morning.

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When is redundancy not redundancy?

 

If you work for the BBC it appears that redundancy is anything but redundancy, or is it a way of giving state employees an extra bonus but not calling it a bonus?

 

Some 70 BBC workers received compensation or redundancy payments of around £57,000 each when the corporation moved to Salford, yet 17 workers carried on in the same job, with a further 15 who took the payment then moved to Salford and where re-employed by the BBC via a third party in the same job.

 

It appears that the BBC can shout and scream about bonuses that are earned in the private companies yet when their employees receive a tax payer funded bonus or large salary that is perfectly acceptable.

2012 and a Happy New Year to all.

 

Christmas is over, New Year celebrations are just a glimmer of a headache and we can all look back on 2011 and realise that despite the worst possible scenarios we are still here, the world did not end, Europe and the Euro did not drag us down and global warming has not killed us off. In other words life continues into 2012 and yes some of the problems are still with us; namely the ill designed Euro, but the UK will continue and start to look up. (more…)

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