With the economic situation looking uncertain, we asked Alana Jones of Jones Cassidy Jones solicitors to review some of the issues surrounding redundancies and employees on fixed term contracts.
Why consider Fixed Term Contracts?
In the current economic gloom we are constantly warned of the prospect of a very slow recovery, the need for belt-tightening and impending public spending cuts. Does recruiting on fixed term contracts provide a sound risk prevention strategy to employers mindful of the potential need for future redundancies? Would this avoid exposing the rest of the workforce to the risk of redundancy if the new jobs cannot be sustained? If the fixed term contracts are for less than one year’s duration, will the employer avoid the
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