Redundancy

   

Definition: Redundancy is when an employer terminates someone’s employment because the position is no longer required.
It is a dismissal or layoff of an employee from work for being no longer necessary, for being superfluous on one's job.
An employer must have a genuine work-related reason for a R.
A R must be about the employee’s position, not the employee personally. A concern about how a particular employee may be performing is a performance issue and not a R.
The term is chiefly Brittish.


   
   

Learn more about Redundancy



More on termination of employment: Attrition, Dismissal, Downsizing, Employee Exit Management, Employee Furlough, more...

You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA.


MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.

We like to keep things short, and provide links to learn more about your subject.


Add MBA Brief to your desktop / iPad

   

© 2023 MBA Brief - Last updated: 8-6-2023  -  Privacy   |   Terms