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Voluntary redundancy

My employer has recently announced he will be making redundancies. I am fortunate that I’m not a staff member that is going to be made redundant. However I have been thinking of moving on for some time and didn’t know if it would be wise to offer to be made redundant? 1. It could stop a colleague being made redundant.
2. I would get a small payout which would help me move on with my career plans.

Is this something that is possible? 

Comments

  • TadleyBaggie
    TadleyBaggie Posts: 6,684 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Of course it is possible. Ask your employer.
  • sharpe106
    sharpe106 Posts: 3,558 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    In the current climate are you going to be able to get another job easily? Might be worth waiting a bit.
  • JReacher1
    JReacher1 Posts: 4,663 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    Often companies don’t like to offer voluntary redundancy because the people who apply for it are the good ones who can get jobs at other places. The people left will be the deadwood they wanted to get rid of. 

  • blue.peter
    blue.peter Posts: 1,362 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    What's your relationship with your manager like? It might be worth having a quiet chat with her or him about the subject. Sometimes managers get asked to nominate staff for redundancies. The possibility of saving someone who doesn't want redundancy from it is the sort of thing that a good manager might unofficially take into account. (I once had exactly such a conversation with my manager, and found him very receptive to the idea.)
  • donbat
    donbat Posts: 2 Newbie
    First Post
    Thank you for your replies. It’s the MD who has made the decision, I get on ok with him but just just not sure how he’d react to me wanting to leave! I have interviews lined up for other jobs and just seems ridiculous not to say something but at the same time will this fact affect any redundancy payout? I’ve read if you take VR that there is a timescale where you can’t start a new job? 
  • lincroft1710
    lincroft1710 Posts: 18,979 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Actually there is no such thing as "voluntary redundancy". So the amount of any payout by your employer is not subject to legislation. Your problem will be not putting yourself in a position where you have secured a new job but your employer will not agree to VR, so you have to resign without any payout


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