ALCHEMY WHITE PAPER
WHAT IS THE REAL COST OF REDUNDANCY? This business case shows that the actual cost of role redundancy to a business is 6 times the direct cost and calculates the substantial cost saving achieved by managing separation effectively.
KEY FINDINGS
- The overall cost of redundancy is over 6 times the direct cost.
- Cost of outplacement is 3% of the overall cost of redundancy.
- The cost savings of effective separation are $54K per impacted employee.
- ROI of outplacement is 12 times the investment.