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Not happy with redundancy offer
Comments
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If they are only offering statutory redundancy then don't sign a settlement agreement. That way if evidence later comes to light that it was not a genuine redundancy situation then you still have the option of taking legal action.
They cannot make you sign one so there is only any point if you are being offered some financial incentive or, if you want to be made redundant when they might otherwise choose somebody else.
Technically there is no such thing as so called "voluntary redundancy". If the post is genuinely redundant the post holder can be dispatched quite lawfully on statutory terms. Anything else is a mutually agreed separation and would normally be subject to a formal settlement agreement to protect (primarily) the employer's interests.0 -
Voluntary redundancy is offered when there's excess labour capacity within an organisation. By offering terms that exceed statutory requirements to anybody that wishes to apply. Organisations can effect restructuring far quicker than a more formal consultation process. Likewise can choose to dispense with deadwood painlessly. While refusing applications from individuals still deemed to be key.Undervalued said:
Technically there is no such thing as so called "voluntary redundancy". If the post is genuinely redundant the post holder can be dispatched quite lawfully on statutory terms.0 -
Yes I know what is meant by the term which is commonly used but, as I said, it is not technically redundancy.Thrugelmir said:
Voluntary redundancy is offered when there's excess labour capacity within an organisation. By offering terms that exceed statutory requirements to anybody that wishes to apply. Organisations can effect restructuring far quicker than a more formal consultation process. Likewise can choose to dispense with deadwood painlessly. While refusing applications from individuals still deemed to be key.Undervalued said:
Technically there is no such thing as so called "voluntary redundancy". If the post is genuinely redundant the post holder can be dispatched quite lawfully on statutory terms.0 -
What is your technical definition of "redundancy" when being used in employment law?Undervalued said:
Yes I know what is meant by the term which is commonly used but, as I said, it is not technically redundancy.Thrugelmir said:
Voluntary redundancy is offered when there's excess labour capacity within an organisation. By offering terms that exceed statutory requirements to anybody that wishes to apply. Organisations can effect restructuring far quicker than a more formal consultation process. Likewise can choose to dispense with deadwood painlessly. While refusing applications from individuals still deemed to be key.Undervalued said:
Technically there is no such thing as so called "voluntary redundancy". If the post is genuinely redundant the post holder can be dispatched quite lawfully on statutory terms.0 -
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You might want to read this to help you understand why it most certainly is redundancy: https://www.citizensadvice.org.uk/work/leaving-a-job/redundancy/voluntary-redundancy/Undervalued said:
Yes I know what is meant by the term which is commonly used but, as I said, it is not technically redundancy.Thrugelmir said:
Voluntary redundancy is offered when there's excess labour capacity within an organisation. By offering terms that exceed statutory requirements to anybody that wishes to apply. Organisations can effect restructuring far quicker than a more formal consultation process. Likewise can choose to dispense with deadwood painlessly. While refusing applications from individuals still deemed to be key.Undervalued said:
Technically there is no such thing as so called "voluntary redundancy". If the post is genuinely redundant the post holder can be dispatched quite lawfully on statutory terms.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!1 -
I have worked for my company (a major UK employer) for 14 years. There is talk of redundancies and the offer is basic statutory redundancy pay which for me will be about £9k tax free. Then on top will be the 4 weeks pay of normal taxable wage as that's my notice period. There is no negotiation its take it or have it forced upon you.0
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Also have a read of dismiss and rehire
https://www.acas.org.uk/changing-an-employment-contract/when-changes-are-not-agreed
2021 GC £1365.71/ £24000 -
Having it forced upon you is the better option, especially if you have something like mortgage protection which would not pay out except in cases of forced redundancy.cents2dollars said:I have worked for my company (a major UK employer) for 14 years. There is talk of redundancies and the offer is basic statutory redundancy pay which for me will be about £9k tax free. Then on top will be the 4 weeks pay of normal taxable wage as that's my notice period. There is no negotiation its take it or have it forced upon you.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0 -
If you’ve worked continuously for the company for 14 years the minimum notice they can legally give is 12 weeks, regardless of what the contract says.cents2dollars said:I have worked for my company (a major UK employer) for 14 years. There is talk of redundancies and the offer is basic statutory redundancy pay which for me will be about £9k tax free. Then on top will be the 4 weeks pay of normal taxable wage as that's my notice period. There is no negotiation its take it or have it forced upon you.0
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