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Not happy with redundancy offer

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24

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  • Undervalued
    Undervalued Posts: 9,573 Forumite
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    edited 4 April 2021 at 5:08PM
    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. 
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    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.
    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
    Undervalued Posts: 9,573 Forumite
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    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.
    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. 
    Yes I know what is meant by the term which is commonly used but, as I said, it is not technically redundancy.
  • General_Grant
    General_Grant Posts: 5,278 Forumite
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    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.
    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. 
    Yes I know what is meant by the term which is commonly used but, as I said, it is not technically redundancy.
    What is your technical definition of "redundancy" when being used in employment law?
  • kazwookie
    kazwookie Posts: 14,266 Forumite
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    What package do you want / or what do you want?
    Go back to HR / who ever and start some negotiations, once you are clear on what you want / can offer in return.
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  • Marcon
    Marcon Posts: 14,416 Forumite
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    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.
    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. 
    Yes I know what is meant by the term which is commonly used but, as I said, it is not technically redundancy.
    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/
    Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!  
  • 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. 
  • BrassicWoman
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  • Marcon
    Marcon Posts: 14,416 Forumite
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    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. 
    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. 
    Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!  
  • 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. 
    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. 
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