IN THE FIRING LINE

WORKERS ARE FIRST

As Australia’s growth rate struggles to break 2%, many sectors in our economy, such as manufacturing and mining services, have been retracting, which is forcing many companies to make changes to their workforce to cut costs. The cost of employment is usually a company’s single largest expense and thus employees are usually first in line when there’s pressure on top-line revenue. Here are some tips if you find yourself being made redundant.