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Company car and redundancy pay
Does anyone happen to know if having a company car adds any value to a redundancy package? I can't seem to find any information if the benefits in kind is added to the standard years work + holiday pay. Thanks in advance
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Can redundancy be capped at less than 20 years
Can redundancy be capped at less than 20 years,for example if I have worked 18 years for my current employer and my contract says redundancy is capped at 12 weeks pay is that correct? Can an employer cap the redundancy that low? Thanks in advance for any answers
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Should I accept?
Hi all i have been on furlough since March and lost around £2500 from the scheme in reductions. I have worked at said company for 7 years and during this time have built up the customer service team, originally it was just myself but as the company grew I became the Manager of the team of myself and 2 others, expecting to…
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Do they need to tell me their criteria?
Asking on behalf of my friend. She’s the only one of the team being made redundant. She does admin for the team and reduced workload meant she got the push to save the team money. She’s confused to the whole process and so am I. She’s not been coping with lockdown and generally life since Jan and went of with stress after…
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Is 10 month salary a good deal for VR?
I know it can be a personal choice and everyone circumstances is different but as a rule of thumb, is 10 months salary a good deal for VR? And how does my age (state pension in Feb 2022) have impact on whether to take it or not? I only have 19 qualify yrs and 19 yrs in final salary pension, so I might not able to retire at…
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Can an employer lie about how many people they are making redundant?
Hi everyone, I've just found out that I'm being made redundant at the end of the month. I have worked for the company for less than two years and am currently on furlough. I haven't accepted anything yet as I want to know if there will be a 30-day consultation period if there are more than 20 people being made redundant. I…
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Redundancy Advice (Long story)
Hi all, thanks in advance for any feedback. First off, i have only been at my company since March 2019 ( so not the 2 years i keep hearing about) I work for a big oil company, when i started Manager "A" recruited me, however a month later i was told i was being moved to a different site, which was 120 mile round trip,…
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Imposed backdated holiday during notice period
Having accepted redundancy, I calculated I had leave to be paid as I hadn't taken as well as my 12 weeks notice period. My calculation was queried and reduced as they told me I had taken it. I was asked during furlough to take holiday, but was only given less than a week to take 3 weeks off, as others had been allowed to…
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How to play this
Hi, currently going through the redundancy process and it looks like the writing is on the wall for me. Will try and outline the facts. Consultation period of 30 days began yesterday, which was my first day back after 112 days on furlough. - 2 others in my department (same job title) 1 brought back 2 months ago 1 brought…
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Redundancy consultation, what to expect?
My company are doing redundancy consultations with all staff. I've never gone through this experience. I understand that I would be suitable for one of the few remaining jobs but don't know who else would go for it. The remaining jobs will not be the same as they will have to combine roles no longer in place. What should I…
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Is 10 month salary a good deal for VR?
I know it can be a personal choice and everyone circumstances is different but as a rule of thumb, is 10 months salary a good deal for VR? And how does my age (state pension in Feb 2022) have impact on whether to take it or not? I only have 19 qualify yrs and 19 yrs in final salary pension, so I might not able to retire at…
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One pool redundancy
Hi I am new to the forum so please go easy. I am looking for some advice on my redundancy situation. I have been told that I am in a redundancy pool for one and I am not sure if this is correct? I have been with my employer for 9 years and 8 months and my job title is logistics branch manager (recruitment), I have been…
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Redundancy - being asked to sign contract of employment as never had one....why?
My husband has worked for his employer for 15 years and has never had a formal written contract of employment, just a one page letter of introduction to the company received on day one which just specified rate of pay and basic hours. He has just learnt that he is going to be made redundant (we knew it was on the cards)…
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Redundancy-Length of service
Here is the situation.... An employee has worked for company A for 7 years then resigns from the position to work at company B, 3 months later is rehired at company A for 2 years until present. Redundancy is based on 'last in, first out'. For the purpose of selection for redundancy has the worker got 9 years service or 2…
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Colleagues informed of MY redundancy before me
A friend of mine is going through the redundancy consultation process with a final meeting next week, but they've been contacted by a colleague wishing them well for the future. It seems a senior manager mentioned my friend was being made redundant, this has since been confirmed by HR. Does this breach in confidentiality…
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Voluntary Severance Offered, but second phase of cost savings mean Statutory Redundancy
I work for a company and there is currently a program of redundancies and other cost saving measures in place that will span over 4 months, in 2 phases. Phase 1 has started now and we are 10 days into the 45 day consultation period There is around 150 staff currently at risk of redundancy with around 100 that will be made…
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Holiday entitlement during redundancy
Hi, After some advice. I am being made redundant and during consultation they advised my final pay would include untaken holidays. When I received my redundancy letter they changed this and told me I have to use them or lose them. I get that they are entitled to this, however I spoke to Acas and they advised that if I…
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redundancy during coronavirus
Hi I am on furlough for the past 5 weeks. I have now been notified they are restructuring my role and I am at risk of redundancy. what are my rights while I am furloughed and can my redundancy payments be based on my furlough pay? Thanks in advance.
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Voluntary Redundancy
I have the chance of taking a good voluntary redundancy; 33 years in role pre tax £51K would be paid. already have £13K in savings and after clearing debts (Inc Mtge) would leave £20K in savings. I am (only !) 51 years old. With the job market it is and could be, I am really stuck with my decision. If I was a little older,…
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Warning of Redundancy - Contract Restrictions Agreement
During my period of being furloughed from work, I received a letter from the Commercial Director of our company warning of possible redundancies within my division and they were looking for volunteers before moving onto compulsory redundancies. Due to there being over 20 roles affected, the rules of collective consultation…
