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With so much economic strife and uncertainy on our doorstep, many HR leaders will have to take a deep breath and confront the difficult issues of company insolvency and administration. Raoul Parekh and Ben Smith, offer guidance
These are difficult times for businesses in almost every sector, and sadly a rise in insolvencies and business failures has been widely predicted. When the worst happens, the human resources team will often play an important role. However, for many HR practitioners, this will be a new experience. This article provides a guide to the key things HR practitioners need to know, focusing on businesses entering into administration.
While insolvency is never an indication of financial health in a c…
Read the full article at: https://www.personneltoday.com/hr/bearers-of-bad-news-what-hr-needs-to-know-about-insolvency/
