Company has offered Statutory Redundancy Poilc says 2 weeks per year.

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Hi I have worked for 26 years for a major British Airline, they have just announced 12000 redundancies, they are only offering statutory redundancy pay, when our workplace policy states 2 weeks per year, for me this means a loss of approx 17K if they go against their own policy and insist on paying the statutory payment, is this legal and is it a normal practice. Thanks.
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Of course if paying the enhanced redundancy would push the company into receivership then that raises other questions.
Presumably you are in a union? Or at the very least you must have colleagues doing a similar job that are union members? What does the union advise?
Of course if paying the enhanced redundancy would push the company into receivership then that raises other questions.
Presumably you are in a union? Or at the very least you must have colleagues doing a similar job that are union members? What does the union advise?