Furlough to redundancy - I want to leave

lazer-zxr

Gavin83 said:

I agree with some of the others, you aren't coming across well here. However I'll try and help although I've got a number of questions.

Im assuming from your figures you've worked for your company for around 13 years? When does the new company want you to start? Is your new pay higher than your old pay?

It's very unlikely it'll work out better for your employer financially if they make you redundant. Ignoring the fact they probably can't (it's the position you make redundant, not the individual) as someone else has pointed out you'll still work your notice period. I think you're thinking more of a settlement agreement but this is never instigated by the employee and if you approach them about this they'll work out you're looking to leave and just bide their time.

If you want to leave quickly speak to your employer about shortening your notice period. This shouldn't be difficult given the current circumstances. If your new pay is higher then this'll be the best route for you financially. 

My new pay is higher, yes

lazer-zxr

TELLIT01 said:

I'm assuming you have been with the current employer for a fair number of years given the figure you estimate for redundancy.  Are you aware that there is a cap on the weekly figure for statutory redundancy pay? The redundancy pay value I got from the government website.

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bucksbloke

But your role might not be redundant?

theoretica

bucksbloke said:

But your role might not be redundant?

If they are currently on furlough, because their employer doesn't need them working, then the role is currently redundant.

lazer-zxr

Just an update ... Had a call with my boss last night. We had a very open discussion. We discussed this thread... and he is quite happy to go down the redundancy route providing we pick a date that allows for a handover. He said a handover would mean I was off furlough anyway. From his pov , 7k is better than 3x my monthly salary, so all is good.  If anyone still thinks this is unethical somehow I'm happy to discuss, but I can't see anything wing with this.

JReacher1

lazer-zxr said:

Just an update ... Had a call with my boss last night. We had a very open discussion. We discussed this thread... and he is quite happy to go down the redundancy route providing we pick a date that allows for a handover. He said a handover would mean I was off furlough anyway. From his pov , 7k is better than 3x my monthly salary, so all is good.  If anyone still thinks this is unethical somehow I'm happy to discuss, but I can't see anything wing with this.

If your boss is happy then that’s not really a problem. 

What I am unsure about is that I thought as part of redundancy you also get paid your contractual notice. As a result if you are made redundant don’t they have to pay you notice period and redundancy money? Have you agreed to waive this?

sharpe106

If he is happy why would anybody else care? He is the one paying it.