- Monday, 6 July 2009The number of people being made redundant could remain at recession levels even if the economy was to recover.
That is according to the Chartered Institute of Personnel and Development (CIPD), which has released figures indicating that the number of firms seeking advice on how to make staff redundant saw little change between the first and second quarters of this year.
The maintenance of high redundancy levels could see the number of people entering into
individual voluntary agreements increase.
Dr John Philpott, chief economist and public policy director for CIPD, said that despite firms' desire to hold on to staff in difficult circumstances, redundancies could "go on rising or stay pretty high, even when the recovery begins".
He said: "There have been a lot of efforts [by businesses] to hold onto workers…[but, if the national economic] improvement is modest then they may find that they still have to make job cuts in the future over the course of the next year or so."
The CIPD's RedundancyWatch series monitored 15,000 phone calls for their latest figures, which indicated that the number of calls relating to redundancy inquiries remained at approximately 20 per cent.
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