Redundant City workers walk into new jobs

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.”

By Karen Higginbottom

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