Certified Academy

Retrenchment & redundancy

The essential guide to a difficult process



REGISTER NOW
Begins on 22 September 2020
Online
USD129
YES

Retrenchment and corporate downsizing is one of the major challenges facing the modern HR executive. It is a process that is filled with difficult decisions, and if handled incorrectly, can lead to employee resentment, negative public image for the company and even costly legal expenses. However, if handled well, retrenchment exercises can underwrite a company’s future success.

Designed by Human Resources Online, a pan-Asia media & events brand that is passionate about the progression of HR, this online course aims to equip you with the necessary knowledge and skills to:

  • Conduct redundancy exercises in an effective and efficient manner
  • Prepare your HR team for the exercise
  • Take into account the legal considerations
  • Develop an effective communications strategy

Attend this course if you want to:

  • Gain a deeper understanding of HR’s role in influencing decision making and strategy
  • Ensure confidentiality in your team when it comes to sensitive information
  • Understand the legal obligations to redundancy
  • Ensure the correct calculations redundancy packages and eligibility
  • Develop an effective communications strategy for internal and external use
  • Ensure effective business continuity


Course Syllabus

Module  1

Assessing the need for retrenchment within your organisation

  • What is HR’s role in discussing retrenchment?
  • How to determine where efficiencies can be made within your organization
  • A look the common retrenchment strategies available to businesses in Hong Kong
  • Best practices for effective consultation with workforce before embarking on retrenchment
  • Assessing the short and long term impact on company culture
  • What is deemed as standard practice in Hong Kong?
Module  2

Terminating contracts

  • Redundancy: What are the employer’s legal obligations when making an employee redundant?
  • What are some additional things an employer should consider?
  • Dismissal: Termination of contract and legal entitlements
  • Best practices for conducting a termination meeting
  • Best practices for drafting a termination letter

 

Module  3

Calculating severance packages

  • What to consider when calculating severance packages; notice period, outstanding vacation etc
  • An overview of  Chapter 11: Hong Kong’s Service Payment and Long Service Payment
  • What else needs to be considered?
Module  4

Legal considerations when planning for a redundancy exercise

  • A review of Hong Kong’s Employment Ordinance
  • What are the mandatory legal requirements by an employer?
  • And what are the obligations?  
  • What are some additional things an employer should consider?
  • A look at the consequences of not following correct legal procedure
Module  5

Employee engagement and business continuity

  • Engagement and communication strategies for your remaining employees
  • Alternative options for departing employees to manage reputational impact
Module  6

Crises communications during the exercise

  • How to communicate the retrenchment exercise effectively with the wider workforce
  • Employee engagement strategies post redundancy
  • Protecting the company image to those outside the workforce

You will take part in

Retrenchment & redundancy

Enter the information below regarding payment:



Billing Information

Billing Company Address

If you do not have a company address, please provide your home address

Participants

1.

2.

3.

4.

5.

Please review the terms and conditions before placing your order

Payment details

Access to the course: Retrenchment & redundancy

Current Price:

USD129
Your price: USD129

*Per one ticket

Contact us

For more details, contact:
Cyrus Ching
[852] 2861 1882  
CyrusC@lighthouse-media.com