What does this mean for small businesses?
Small businesses need to consider the following:
- Greater Risk Management: Employers will need to be more diligent in managing dismissals to avoid costly claims / expensive settlement payouts. This might involve more thorough documentation and adherence to fair dismissal procedures.
- Increased Financial Liability: With increased liability for successful unfair dismissal claims, employees’ expectations / demands around potential settlement packages (if offered by the employer) will in turn be higher.
