The most devastating consequence of this perfect storm is in the impact on jobs and job security. Unemployment rates in Jersey and the UK are rising. Redundancies are predicted to rise even more sharply over the coming winter.
Managing the impact of this economic tsunami on businesses and workers might be the biggest challenge organisations face over the coming months. It has never been more important to have clear, effective and legally compliant HR systems and processes in place. HR Now can guide you through those difficult questions, decisions and conversations.