Unusual Redundancy Planning Scenario

kernowayr

My position is about to be made redundant after 9 years service with same firm.
I have agreed with my employer (verbally) that termination date under contract is 30th June 2009 as this is the end of the month and also end of holiday year and will therefore make all calculations easier for both sides re. untaken holiday etc.
Reason for redundancy is (a) relocation (b) downturn in business following loss of a major contract (c) cashflow difficulties meaning that current salary cannot be supported indefinitely and (d) workload of this particular job justifying the higher salary " a bit quiet" at the moment also.
For the past year I have, essentially, been doing 2 P/T jobs anyway and, at the same higher salary, have been happy with the arrangement.

I am being offered my stat. entitlement redundancy pay on termination date of current contract.

I am also being offered ongoing P/T temporary employment (until 30.09.2009 when company's workload/finances/cashflow will be reviewed again to see if P/T job can go back to F/T as it once was prior to April 2008).

It is essentially the same job I will be doing as I currently do under current F/T contract (but 21 hours instead of 35 hours and in a different location).

Both myself and the employer seem happy with the arrangement but is there anything else adverse I have not yet thought of during all of this that my employer is possibly exploiting to their advantage and at my cost?

I have asked for new P/T offer to be confirmed in writing and basis on which it is being made. Employer has agreed to pay me same hourly rate as now pro rata'd for reduced hours and accepted in principle (a) my chosen 3 days x 7 hours and times I will be present on those days etc.

Would appreciate the "outsider's view" on this wherever possible please.

seadee

Can't see how this is actually redundancy.

Sounds like a renegotiation of your contract.