Right Hand HR (RHHR) has been inundated with calls from hundreds of worried businesses looking for advice on cutting back staffing numbers as the slowing economy hits their growth plans.
As a result the human resources outsourcing provider has created a series of packages which will help managers to follow the correct legal and statutory procedures when considering making redundancies.
The news comes after computer firm Hewlett-Packard announced 24,600 global redundancies and British Airways announced plans to make 1,400 staff redundant.
A recent survey from the Chartered Institute of Personnel and Development (CIPD) showed that almost a third of employers are planning redundancies in the second and third quarter of this year.
Meanwhile the number of employers taken to employment tribunal for unfair dismissal last year grew from 41,832 to 44,491, with the average payout costing employers just under £8,000. Figures due out in November are expected to reflect a further increase in cases.
Director of RHHR, Sam Colquhoun said businesses which need to make redundancies to secure their future risk big fines if they do not act carefully now.
She said: “The credit crunch has had a huge impact on business confidence across the UK. Companies are now reacting to the deteriorating market conditions and are looking at ways to tighten their belts so their business can survive these hard times.