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Six in 10 employees facing redundancy are planning career changes

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Research reveals that nearly 4 in 10 (38%) UK employees anticipate being made redundant within the next 12 months. Of this group, 60% do not plan on continuing their current career path post-redundancy. The research from Renovo has highlighted high levels of employee uncertainty and anxiety around job security as the UK emerges from the […]

Warnings given on long-term impacts of Covid on UK employment

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With the furlough scheme coming to an end in September Renovo‘s MD Chris Parker is warning of five hidden impacts of the pandemic that could have a much longer-term impact on the UK employment market. “Last year, the pandemic created a very sharp impact on the job market, which was incredibly difficult for employees and […]

Employers ‘could face more tribunals’ when the furlough scheme ends

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Experts have warned of an increased risk of litigation, as the number of redundancies are expected to rise when the furlough scheme ends in September. Outplacement specialist Renovo has called on businesses to be mindful of how they conduct the redundancy process and to provide support for those made redundant quickly, in order to decrease […]