Redundancy package questions

buddyfan

I have decided to try and take voluntary redundancy after 32 years at a large company.

If I am offered a job at a lower salary band, protected salary but no rises, similar but reduced skill set required, same location, will I risk losing the right to redundancy if I refused? Would that be constructive dismissal?

If a draft redundancy package has been offered and based on that and other reasons, I choose VR, if the redundancy is incorrect, can they change it before acceptance? Can I change it before acceptance?

The new roles are due to be in place on 23rd March. If I take PILON, would it be paid at that date and therefore in this tax year? Or would it be paid at what would have been the end of my notice.

If I opt to work some of my notice, past 5th April, will I then be paid redundancy and rest of PILON in the new tax year? Could they still pay it in March? I’m thinking they might want the costs to be all in this tax year.

getmore4less

VR is a mutual process the company can make up just about any rules they want.

In a proper redundancy situation there is more structure and suitable alternatives come into play.

In both cases you may not get a choice on how much notice you work or when the payments are made, you need to be consulting on the companies position.