Tel: 0114 267 9091 | E-mail: firstname.lastname@example.org | Contact us
From time to time a business may suffer a temporary shortage of work.
This is especially relevant during a period of economic downturn or recession.
During this period it is essential to reduce costs to survive until work picks up again.
Performing a review of costs is a useful exercise during the good times, but it can mean the difference between staying in business and having to close in the bad times.
As a last resort it may be necessary for a business to lay-off it's staff or reduce their hours of work for a period of time.
We have produced a guide which explains the law in relation staff lay-off's and short time working.
Although an employer has the right to lay-off staff or reduce their working hours, it is not as straight forward as it may seem to reduce their pay.
Our FREE monthly eNEWS email newsletter will keep you up to date with the latest news related to the world of accountancy.