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retrenchment

 Labour law provides scant protection for employers. That is the opinion of Ivan Israelstam. This week Ivan explains why he holds that opinion, and gives advice to employers on how he believes they should react, and protect their businesses going forward.

This week Ivan Israelstam looks at fixed term contracts. What happens when an employer is consulting with employees on means to reduce the need for retrenchment? Usually, there are calls for voluntary retrenchment, then employees on casual or temporary contracts are considered first before permanent employees. BUT,  Ivan cautions that may not be as simple as previously.

Retrenchment exercises are defined as dismissals for operational requirements, and may be contemplated by employers for economic, structural, or technological reasons. During the difficult economic times of the COVID-19 pandemic, employers may be contemplating retrenchment of employees. This week Ivan Israelstam lays out the requirements for large scale retrenchments - with the definition of constitutes large scale.  

retrenchment
TERS fund

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