Fat Lady Sings

LittleVoice

billybraggtastic wrote: »

Okay - I am now told that I am to receive 2yrs statutory redundancy. I have also now received the job offer from the other co with a start date of 07/06/11 (the day after my notice period here ends).

The question is - am I storing up a problem? If I accept the redundacy payment will I effectively be wiping the slate clean and accepting that for the first 2yrs of my new employment I have no entitlement to redundancy? If I go down the continuous employment route I would gain the safety net of the 2yrs employment that I have under my belt just now?

Taking the windfall of a redundancy payment just now is the most tempting option owing to other pressures.

If I had need of the money, I would take it and not worry about the additional potential future redundancy pay (and other rights that don't arise until after one year's service).

Well used, money now can be more valuable than potential money in the future. Bird in the hand!