Managers see redundancy as inevitable

Managers across the insurance sector have accepted their own redundancy as 'inevitable', according to evidence compiled by the Chartered Management Institute (CMI).

According to the Institute, analysis of calls to the CMI's redundancy hotline, combined with a series of polls, shows that executives have moved from 'concern about job security' to 'preparing for a job hunt'.

Against a backdrop of over 50,000 job losses since January 5 and a total of 1.92 million unemployed, key findings of the survey including:

• amongst the most common 'redundancy checklists' sought by individuals in December and January, was 'coping with redundancy: the next day'. The lowest

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: