Redundancy Pack

A MYHR Redundancy Pack provides you with tailored step-by-step instructions and documentation, enabling you to restructure your business and help you stay on the right side of the law. Our HR team will send you everything within 48 hours.

KEY BENEFITS

Improve legal compliance
Minimise the risk of costly disputes
Deliver the right outcome for your business
Save valuable time
Gain peace of mind

WHAT YOU RECEIVE

Step by step process map
Summary of your legal obligations
Detailed description of the process
Meeting scripts for each step
Formatted notes pages
Letters to cover a number of possible outcomes

LAW & FACTS

You must follow a specific process when undertaking a business restructure that may result in redundancy.

Failing to follow this process may result in legal action against your business. The time and cost of such action can be significant.

The process of consultation is critical no matter how obvious an outcome may seem. Your Good Faith obligations are defined in law and you must seek your employee's input throughout.

Common mistakes made during restructures can often result in heavy penalties for the employer.

START

You're nearly there...

Simply read and agree to the MYHR Terms and Conditions then answer a few basic questions and we'll send you tailored documents and advice to help you restructure your business.

I confirm I have read, I understand and I fully agree to be bound the MYHR Terms and Conditions

I further confirm that the restructure I am about to undertake is for genuine business reasons

You cannot use a redundancy process to exit a poor performer from your business. Your restructure must be for a business reasons, not personal reasons.

Your Company Name

Manager Name

This is the person who will be undertaking the meeting process, they will be a the company representative and their name will appear on all the correspondence.

Manager Job Title

This is the job title of the manager leading the process, named above.

Employee Full Name

This is the person doing the job affected by the restructure, who may be made redundant at the end of this process.

Employee Job Title

This is the job the employee does that is directly affected by your restructure

Employee Start Date With The Company

The start date may be necessary to determine any redundancy entitlements and it will be used on the Certificate of Service, if redundancy is the confirmed outcome.

Reasons for the Restructure

Outline the business reasons why you need to consider restructuring your business and potentially downsizing. To help you, some common examples include:
1. You have recently lost a key client and despite best efforts have not been able to find more business, so you cannot support the number of positions and people you currently have.
2. You recently invested in a new piece of equipment which has streamlined your operation, you therefore do not need as many positions or people as you did previously.

Date you wish to meet with the employee

This is the date you would like to first meet with the employee to inform them you intend to undertake a redundancy process.

The Notice Period In Their Employment Agreement

This is usually expressed in weeks or months. The most common notice periods are: 1 week, 2 weeks or 4 weeks.
If the employee does not have an employment agreement then we recommend 4 weeks notice for redundancy purposes. Make sure you check the agreement properly, sometimes the redundancy notice period is different to the normal notice period.

Redundancy Clause From Their Employment Agreement

Cut and paste the redundancy clause from the employee's current employment agreement here. This is important as it will determine if they are owed any compensation and any special processes that must be followed.
If they don't have an employment agreement, then you must tell us.