MyHR Blog

10 common restructuring mistakes to avoid

When it comes to undertaking a restructure at your business, there is a best-practice process you should follow. While the process hasn’t been defined to the letter in employment legislation, it has

6 steps for building a case for restructuring your business in New Zealand

Many companies find they need to change the way they operate. It may be because they need to save money, be more efficient, or take advantage of new technology or business opportunities.

Restructuring to get rid of an employee

Initiating a restructure that will end in redundancy might seem like an easy way to exit an employee who underperforms, is disruptive, or doesn’t fit into the team or company environment. But here’s

Redundancy justification

Redundancy is a dismissal, so all New Zealand employers need to be prepared for scrutiny of any decision they make to restructure their business and make people redundant.

How to effectively manage a company restructure

Updated: 19 August 2024

As companies feel some financial pain from the country’s recession, the prospect of restructuring is occupying the waking and non-waking hours of many business owners.

TodayFM closure: A case study on what NOT to do

The public woes of MediaWorks continue with the resignation of their Chief People Officer, Paula Williams.

Her departure comes shortly after MediaWorks provided a high-profile case study on what not

Restructuring and redundancies: Frequently asked questions

Answers to questions MyHR receives from its members about restructures and redundancies.

Restructuring the MyHR way

Updated: 15 August 2024

When you’re undertaking a restructure at your business, there's a lot to prepare and coordinate, and you can end up getting bogged down. But the right oversight and advice

Restructuring a growing business - Bluerock case study

There are plenty of things that can go wrong when you restructure part or all of your business. Getting the proposal and process right is essential, as any miscue could see you at risk of setbacks,

Restructuring your business - the process

Restructuring can be one of the most uncomfortable HR processes, but it’s also one of the most straightforward, if you do it well.