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Old 8th May 2009 | 20:46
  #26 (permalink)  
mikehammer
 
Joined: Sep 2006
Posts: 387
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From: Scotland mainly, rather than at home.
That said, managers will normally always seek to minimise the cost of redundancy which might be why they seem so keen to tell all-and-sundry that LIFO can't be used anymore..
Why would managers seem keen to tell all and sundry that LIFO can't be used anymore? Surely, this method of selection if used as the only selection criteria (if legal) would be the cheapest option to reduce staff as anyone with less than two years service would not be entitled to statutory redundancy payments. Severence pay or lieu of notice would also be negligable.
I understood the minimal cost to include a cost saving ie to make redundant the more expensive members of staff, generally (very) those who have more years service.
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