Juliet Oury
- Position: Partner OCS
- Phone: +44 (0)20 7067 4300
- Fax: +44 (0)20 7067 4301
- Email: Juliet.Oury@ouryclarksolicitors.com
Many clients are restructuring their business to limit losses and to improve profitability. Some are operating recruitment freezes as well as looking at cost cutting exercises such as reviewing expenses policies. Some clients are holding pension contributions or other benefits, many are reducing salaries by varying percentages across the board and others are consulting for redundancies. Fortunately for some employers, as unemployment rises, remuneration expectations in some sectors are beginning to come down.
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