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Chartered Accountants Irleand Irish Taxtation Institiute

HR Consultancy

In the current environment, some organisations unfortunately have to take the decision to make positions redundant. Others are putting voluntary retirement schemes in place. It can be a difficult process for both employers and employees and is often a stressful time for those leaving. Employees need clarification of where they stand financially and employers can ensure that these employees have the information they need to optimise their severance packages, their social welfare entitlements and their finances.

We have many years of experience in advising organisations and their employees on all aspects of redundancy and restructuring. We provide redundancy workshops for your employees giving them a broad outline of the tax and financial issues involved when they retire or are made redundant.Workshops would cover redundancy and pension lump sums, income tax and social welfare post redundancy or retirement, investment advice and budgeting. We also provide post-redundancy business start-up advice.

We provide individual one-on-one financial advice sessions. These meetings give the employee an opportunity to discuss their individual circumstances. We will advise the employee on their lump sum options, take-home pay, social welfare entitlements, pensions, AVC contributions, investments etc.

A key to the success of the financial advice is the ability of one consultant to cover the complete package of taxation, social welfare and investment for an employee and the interaction of all three. We have advised organisations and their employees on all aspects of redundancy/retirement enabling employees to derive the most benefit from the workshops and/or one-on-one sessions. Over the 15 years we have been providing this type of service, we have built up an extensive range of resources and experience in this field.

For further information please contact:- Dermot O'Sullivan