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Voluntary Redundancy and new job offer at the same time

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Voluntary Redundancy and new job offer at the same time

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JasonHandJasonHand Forumite
187 posts
Last Friday I was informed my role was at risk and I could also put my name forward for VR. I was told I was going into a consultation process which will last for 30 days.

At pretty much the same time I received a phone call from a prospective new employer wanting to arrange job interview for a new role. Its a totally different company

I've had the interview today and things went pretty well. So if this company was to offer me this job would I still qualify for VR? My understanding is I would have to agree with the new employer to start my role after the consolation period.

Can I just then tell my existing employer I want to take VR because I will be starting a new role in 2020? Obviously this situation works well for my colleagues who are also at risk (nobody would actually lose their jobs) and I would obviously be lucky to have a significant payout.

Many Thanks
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Replies

  • Caz3121Caz3121 Forumite
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    JasonHand wrote: »

    Can I just then tell my existing employer I want to take VR because I will be starting a new role in 2020? Obviously this situation works well for my colleagues who are also at risk (nobody would actually lose their jobs) and I would obviously be lucky to have a significant payout.

    Employer could save themselves a significant payout if they know you are planning to leave anyway.
  • JasonHandJasonHand Forumite
    187 posts
    Caz3121 wrote: »
    Employer could save themselves a significant payout if they know you are planning to leave anyway.

    Thanks Caz, so you would recommend I just confirm I want to take VR and say nothing about a potential new job
  • lincroft1710lincroft1710 Forumite
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    JasonHand wrote: »

    Can I just then tell my existing employer I want to take VR because I will be starting a new role in 2020?

    Of course. But expect the offer of "voluntary redundancy" to be withdrawn very, very quickly.
  • JoxJox Forumite
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    Yes, don't mention the new job at all.
    Debts Mar 2020: Barclaycard cc: £3954, Santander cc: £2111, Sainsburys cc: £2129, MBNA cc: £3800, Mortgage: £216,900
    Emergency fund: £5051
    Aiming to pay off credit cards by Dec 2021 or sooner!
  • lincroft1710lincroft1710 Forumite
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    Oh and don't tell colleagues/friends about the offer, it may trickle back to management
  • Oh and don't tell colleagues/friends about the offer, it may trickle back to management
    It trickles damned fast when references requests come in!
  • VegastareVegastare Forumite
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    Yep I would keep a tight lip on it.....but if you have some proof that you were advised of VR and 30 day period, and that the other job offer was after this(even if next day) ..... it could help if things got stroppy.

    Happened to old colleague who's post was going - there had been informal notice of funding issue - so she looked at jobs got interview and offer of job - she was able to say she had interview and had accepted due to previous discussion regarding possible redundancy and the potential loss of job(which did happen). They gave her the redundancy. But it was not a case of VR.

    But the fact that she had looked because of the discussions etc she had her redundancy pay.
  • getmore4lessgetmore4less Forumite
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    They don't need to do 30 days consulting for those that want to take VR.

    First rule is keep it VERY quiet till you have to let on.

    Sus out the employers attitude and approach to these situations, many are reasonable some will pull any offer or withdraw redundancies.

    Assess if they may be interested in early finishers.

    Work out your place in the pecking order to try to assess if you would be on the list to be let go.
  • JasonHandJasonHand Forumite
    187 posts
    Thanks everyone for the replies. I think its a case of keeping very quiet then.

    The reference side of things is a concern. This is something which I was thinking about yesterday evening.
  • getmore4lessgetmore4less Forumite
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    What's your contractual notice?
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