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Redundancy & redundancy planning

Archives for March 2015

Vr
My employer is offering voluntary redundancy with a months pay for each year of work so I'd get 4 months gross salary. I'm 50 and have been paying in to local govt./university final salary pension since 21. I don't have the option to get my pension made up to the equivalent of working to 60 because I'm under 55. Is the…
Protective Award
Further to my thread - locked out of Company.... I keep reading about Protective Award when the company/administrators do not provide enough notice when making 20 or more redundant, Could some one enlighten me on his please .... all replies greatfully recieved ...
Job/duties changing - would rather redundancy!
Hoping for some help / advice. The company I work for has made major changes / redundancies over the past 2 years. I am now left with duties which only cover a small part of my working week. I was hoping for redundancy and have just been holding out waiting for the notice. On Friday I had a call to be told that my job is…
Redundancy
Hi, I hope someone has the answer I am looking for. I have some medical conditions which has caused me to be off work over the last year and I was disciplined because of this and told to improve my attendance at work and I had six months to do this. I worked for the local authority, which is now an academy. I am currently…
Just been given a Settlement Agreement
This morning I was offered a Settlement Agreement totally out of the blue. No warning nothing. The meeting was a blur. They don't require me due to re structuring. 'And you have said in the past that you don't enjoy the job'. They have given me two months salary tax and NI free when I have signed the settlement. I'm…
Taxable Payment?
Hi I was made redundant before Christmas and during my consultation I was offered more than statutory redundancy - I had worked for the employer for a few years and they felt bad about closing the business. Would the amount over and above statutory redundancy be taxable? I have read that you can receive up to £30,000 of…
Redundancy
Hi All, When facing redundancy and applying for other jobs, should my current employer offer me reasonable time off to attend external interviews? Thanks
VR or a new Job? I have to choose?
Background: The company is downscaling and myself and a few others have been accepted for Voluntary Redundancy. I have 15 years of service and this has meant a quite substantial package (well, substantial for me at circa £16k). However, I’ve been informed that my notice period they want me to work is 16 weeks!! Further to…
Ive just requested voluntary redundancy.. if they refuse, what next???
Hi, Its my first time posting here, but im wondering if anyone could help. (sorry its a tad long) My company was bought out in Oct 2014 (staff were TUPE across) and for the past 6 months we have been assured that there will be no redundancies just slight changes to staff roles. Anyway come 9th March 2015 our new Management…
Redundancy and CAB advice
In a nutshell I had a claim at an ET in excess of 50k I used CAB as my representation. A couple of days before the hearing the respondent made an offer of 30k but went on to explain that it was an extremely generous offer in the circumstances, furthermore were we aware that an ET could only award a max of 25k in a breach…
Job Change maybe
Hi I have been working as a bus driver for a bus company since September 2006. Now I have found out that they are stopping all their services by 3rd May 2015. The company as not told use/me about anything that is going on. But we believe that they dont plan to pay redundancy but to give us a job with about 20 hours a week…
Taking voluntary redundancy ?
I'm thinking of taking voluntary redundancy as my job will not suite my lifestyle after the main redundancies and new hours start . If I take voluntary what implications will this involve .I have no mortgage to cover but I'm sure I wont be able to sign on ,is this correct ? .I also have over 10k in savings so will this…
Tupe @ bonus holidays
Hi I am in the middle of TUPE and have just been informed that the 5 extra days holidays we can achieve in a year are illegal because they are earned by not having days of sick so people with a disability may not be able to earn these, so these will not be transferred across.
Redundancy and contracts
Hi All I am in a redundancy situation at work, along with four others. Two of us are permanently employed to do the specific role in question, the other two have permanent contracts but for other roles - they are currently on secondments. The management have told us that they only need two of us yet all four of us are…
Locked out of Company by landlord
Hi There, Can anyone help...I have been on holiday for 2 days and was due to go back to work tomorrow. But I have just been informed (by a colleague) not to go in as the office has been locked by the landlord for non payment of rent by the company I work for. The company has been in cash flow trouble for a while and It…
Underpaid by Company after leaving
First im sorry i couldnt post in citizen advide part. I need help asap, thanks you. My situation is i worked for a company for 4 years, my last day was on the 6th of March. The last time i got paid was the 13th of February. I just got paid today and found that i had been paid £200 I havent used over my holiday entitlement…
Any advice please
Hi, I, or my job was made redundant on 04/03/15. I have worked for this company for less than two years so am not entitled to any statutory redundancy pay. However I am owed 5 weeks and 3 days salary. The redundancy letter stated that all money due to me would be paid by 06/03/15. I know it's only a week late but my former…
Company take over do i have to go?
Hi There, Can some one please give me some guidance. I work for a small company and have done so for 30 years plus now and the two people i work for are coming up for retirement and seem to be actively looking to sell the company to another company, one of the people i work for i believe would like to retire and the other…
Tesco team leader options (redundancy or step down with payout )
Hi I was looking for some advice on an ongoing issue within Tesco. I am currently a team leader however due to a recent re-structure they no longer need team leaders. We have 2 options: 1. Take redundancy with a payout non taxable Or 2. Step down as team leader and take a payout which is taxable and keep a full time job. I…
What would you do??
OK, here goes....Hi to everyone who reads this by the way. This is my first and may be my last! Quick overview of the situation: I've been under consultation since January, part of ongoing cuts at my current employer dating back to 2013. Slowly but surely they are reducing headcount and I've watched some close friends…

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Redundancy & redundancy planning

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