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Latest News

Redundant City workers walk into new jobs

by Personnel Today 31 Jul 2001
by Personnel Today 31 Jul 2001

More than three-quarters of workers in the City of London
have been re-employed after being made redundant, according to statistics
released today.

Research by the outplacement agency Meridian Consulting reveals
that 84 per cent of City workers have successfully found re-employment, or set up
their own business, an increase of 3 per cent compared to last year.

The findings also show that the 51 per cent of redundant
workers have negotiated a salary increase in their new jobs.

Linda Jackson, business director at Meridian Consulting,
said, “We achieved these strong results at a time of economic uncertainty,
which has been intensifying since January. 
Giving outplacement support to departing employees is still an important
way for the best employers to differentiate themselves.”

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www.meridian-consulting.co.uk

By Karen Higginbottom

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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