📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Benchmarking!

2

Comments

  • tizerbelle
    tizerbelle Posts: 1,921 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    aineroo wrote: »
    Thank you Tizerbelle, Is there any organisation we can get benchmarking information from, even at a cost?

    What would be the point? Unless you know the criteria they used you won't know what information to get.

    There are no rules saying what they have to base their calculations on - they could have picked anything - RPI, CPI, Income Tax rates, unemployment levels, ratio of cats and dogs to households, percentage of roads with Green in the name, whatever.
  • aineroo
    aineroo Posts: 11 Forumite
    tizerbelle wrote: »
    What would be the point? Unless you know the criteria they used you won't know what information to get.

    There are no rules saying what they have to base their calculations on - they could have picked anything - RPI, CPI, Income Tax rates, unemployment levels, ratio of cats and dogs to households, percentage of roads with Green in the name, whatever.

    ..so just to understand. The company can say "they have done extensive benchmarking, and that the package they are offering is in the top quartile for UK redundancies", and there is nothing we can do to disprove this?
  • Comms69
    Comms69 Posts: 14,229 Forumite
    10,000 Posts Third Anniversary Name Dropper
    aineroo wrote: »
    ..so just to understand. The company can say "they have done extensive benchmarking, and that the package they are offering is in the top quartile for UK redundancies", and there is nothing we can do to disprove this?
    The short answer is no. and it's VOLUNTARY.


    They could just offer you, and just you, statutory...
  • aineroo
    aineroo Posts: 11 Forumite
    Thank you all for your advice x
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    edited 22 August 2018 at 4:58AM
    How many weeks full salary per year are they offering?

    As an idea 4 is good, 2 is OK. anything less is poor.

    Collective just sets the base for those they accept they can still offer more to individual if they want.

    Same with the relocation offer they can sweeten the deal for those they want to keep.
  • sangie595
    sangie595 Posts: 6,092 Forumite
    aineroo wrote: »
    ... it will then be the same for all Uk employees who opt for redundancy rather than relocation.

    This is probably going to come as a shock to you, but the Republic of Ireland is not part of the UK. So what someone in another country gets is entirely irrelevant. It is entirely irrelevant why the employer has decided this. They have. That's reason enough. I presume that if your employer had a branch in India you'd be ok with getting more pay than them?

    If you think that you are being hard done to with your enhanced redundancy package, then fight for a better one for yourselves, not argue about what someone else gets. You can always renegotiate the package. As can the employer. And it can go down as well as up.....
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    aineroo wrote: »
    ..so just to understand. The company can say "they have done extensive benchmarking, and that the package they are offering is in the top quartile for UK redundancies", and there is nothing we can do to disprove this?

    there they have given you all the information you need.

    shame you missed that crucial bit from your first post.

    You can research to check if that statement is true.

    The question you need to ask(rather the deflecting to a it's not fare)

    "how do I check if our redundancy package is in the top 25% of redundancy packages"

    if you told us the offer that would help gauge if it might be.

    you could try

    http://lmgtfy.com/?q=benchmarking+redundancy+package

    top of the list for me

    https://www.unison.org.uk/content/uploads/2016/05/Benchmarking-redundancy-payments.pdf

    (a bit dated but things don't change much and loads of clues where to find more information)
  • Camster
    Camster Posts: 137 Forumite
    Part of the Furniture 100 Posts
    Have you checked if the redundancy terms are set out in a company redundancy policy?

    Your HR Department should be able to confirm if there is one and provide you with a copy.
  • aineroo
    aineroo Posts: 11 Forumite
    sangie595 wrote: »
    This is probably going to come as a shock to you, but the Republic of Ireland is not part of the UK. So what someone in another country gets is entirely irrelevant. It is entirely irrelevant why the employer has decided this. They have. That's reason enough. I presume that if your employer had a branch in India you'd be ok with getting more pay than them?

    If you think that you are being hard done to with your enhanced redundancy package, then fight for a better one for yourselves, not argue about what someone else gets. You can always renegotiate the package. As can the employer. And it can go down as well as up.....
    Sangie, I am quite aware where the Republic of Ireland is and that it is a different country to the UK. You dont need to go stating the obvious. My company is all over the world and there are redundancies planned in other countries too. The difference with Ireland is that we have always reported "UK and Ireland" as one unit back to our originating country. I am not an expert in employment law and came on here to seek advice, not sarcasm.
  • Peelerfart
    Peelerfart Posts: 2,177 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I understand your frustration OP, but the parallels drawn are valid.

    My old company lost a contract which meant redundancies,some in UK,me included, and some in, yes you've guessed, India.

    We got a lot more than than my Indian, ahem, colleagues, but quite frankly we didntl care. Much as I guess your ROI colleagues don't care about your situation

    Your employer will follow the law of the land, or should do, wherever that land is.
    What does your union have to say btw?
    Space available for rent
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.5K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.8K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.