SMEs warned over handling of redundancies

16th March 2010

Small and medium-sized business owners have been warned over how they handle redundancies, with over a third of ex-employees telling more than ten people about their treatment, according to data released by recruitment website Careerplan4.me.

The data also reveals that of the 1,000 jobseekers surveyed, half believe their overall treatment by their last employer was unfair or poor, while only 14% say they were well-treated.

"In the past, redundancies could be handled away from any media glare. However, with the advent of social media comes the increased risk of employees generating many one-to-one, as well as online conversations, which can rapidly and virally escalate," said Richard Banks, co-founder of Careerplan4.me.

Source: Newbusiness.co.uk