Redundancy

[jaybee]

I sent over my exit demands this morening, I told them I wanted £27k to leave the company by the EoB today.

Just waiting to see if they accept or give me a counter-offer

You may as well have rounded up to the full tax free amount @ 30K.

Let us know how you get on.

 

[Ev0]

All the talk of statuary and minimum they will pay, does notice period not come into play? Say you had a 2 month notice period do they not need to pay that 2 months at full rate?

They do, but that's treated as regular salary so taxed etc.

I had a month paid in lieu of notice as when we were told (out of the blue) it was a case of right you're all done today, no more working for you here. Think accounts were disabled within an hour (surprised it took them that long and they hadn't disabled them during each of our meetings!).

 

[Diagro]

im waiting to see what happens here. all very fun

 

[MissChief]

im waiting to see what happens here. all very fun

It’s all a bit ‘this is what we’re offering and you should be grateful and accept it!’ Isn’t it?

 

[mysticsniper]

It's back to the negotiation table next week.

 

[Diagro]

It's back to the negotiation table next week.

So no answer from them? Or just delay tactics?

 

[mysticsniper]

So no answer from them? Or just delay tactics?

They gave an answer, but I don't think they liked my response

I can't wait until next week, no ***** given.

 

[Quartz]

I have it all in writing, have spoken to ACAS who were very helpful

Nil illigitimi carborundum!

 

[jon86]

They gave an answer, but I don't think they liked my response

I can't wait until next week, no ***** given.

What was their answer? "We're happy to accept if you move the decimal place to the left."

 

[-Ad-]

They gave an answer, but I don't think they liked my response

I can't wait until next week, no ***** given.

Firstly, sorry to hear about this.

But moving on, you need to focus and just remove all emotion from this. Don't take the "no **** given" attitude. You are now neogiating against them .

I've been through this a few times, good and bad, my other half has a number of times also and she's in senior positions.

Record everything in writing, record meetings, make notes. Let them go through their process, no matter how bad it is. That can help you down the line.

A compromise agreement should offer enhanced terms so you don't go after them for unfair dismissal etc. Also, they should always pay the legal fees for having the compromise agreeemnt checked and that should be bundled in.

To negotiate properly, you should engage a solicitor who can assist with this. You may have to front some money first, but if their process is as bad as it sounds and they've got to the stage where you are now "being made redundant" (aka they've exhausted their BS trying to put you in another role, find another place for you in company etc), then an employment solicitor letter coming in will put the willies up them.

Finally, if you are that experienced and from what I can see on here, should you be looking at a CISO level position now? That's the way to go and will be big bucks either contract or perm/interim.

If you want the name of the solicitor my other half used, I can find out. They certainly earned their worth and got a far superior package, plus in the end the company paid for the overal legal fees that had accrued.

 

[mysticsniper]

Firstly, sorry to hear about this.

But moving on, you need to focus and just remove all emotion from this. Don't take the "no **** given" attitude. You are now neogiating against them .

I've been through this a few times, good and bad, my other half has a number of times also and she's in senior positions.

Record everything in writing, record meetings, make notes. Let them go through their process, no matter how bad it is. That can help you down the line.

A compromise agreement should offer enhanced terms so you don't go after them for unfair dismissal etc. Also, they should always pay the legal fees for having the compromise agreeemnt checked and that should be bundled in.

To negotiate properly, you should engage a solicitor who can assist with this. You may have to front some money first, but if their process is as bad as it sounds and they've got to the stage where you are now "being made redundant" (aka they've exhausted their BS trying to put you in another role, find another place for you in company etc), then an employment solicitor letter coming in will put the willies up them.

Finally, if you are that experienced and from what I can see on here, should you be looking at a CISO level position now? That's the way to go and will be big bucks either contract or perm/interim.

If you want the name of the solicitor my other half used, I can find out. They certainly earned their worth and got a far superior package, plus in the end the company paid for the overal legal fees that had accrued.

Thanks for the advice,

My role is more hands-on, so Security Specialist or Consultant, I am not interested in CISO role, having to complete GRC work is boring enough, especially when its required every quarter.

I have everything recorded, they just sent me the meeting minutes, with a lot of the meeting missing. I've asked for the unedited version.

I agree with going down the Solicitors route. I'm also going to give ACAS another call tomorrow and see what they advise.

 

[MissChief]

I have everything recorded, they just sent me the meeting minutes, with a lot of the meeting missing. I've asked for the unedited version.

RED FLAG! Sounds like you should start recording the meetings yourself too!

 

[jon86]

RED FLAG! Sounds like you should start recording the meetings yourself too!

Yeah, it seems like things are being said that they don't want to become official record. Definitely consult with a solicitor.

 

[RxR]

Any positive update?

 

[mysticsniper]

Any positive update?

Not yet, just speaking with the Solicitors before the next consultation meeting.

The good news would be that I no longer have to talk to Human Remains.

 

[mysticsniper]

Just a quick update, the last consultancy meeting went brilliant. A huge bombshell was dropped and one of the directors looked like someone had walked over their grave.

They've gone off to review the new figures, hoping for a decision today.

On the Job front, I've had 4 more interviews, which all went well, although its a longer process than I last remembered.

 

[MissChief]

Just a quick update, the last consultancy meeting went brilliant. A huge bombshell was dropped and one of the directors looked like someone had walked over their grave.

They've gone off to review the new figures, hoping for a decision today.

On the Job front, I've had 4 more interviews, which all went well, although its a longer process than I last remembered.

Horror stories of up to 4 interviews and still not getting the job are commonplace on reddit.

 

[malachi]

Horror stories of up to 4 interviews and still not getting the job are commonplace on reddit.

Yeah, dont get me started on this Had this so many times over the last 18 months.

 

[NickK]

Horror stories of up to 4 interviews and still not getting the job are commonplace on reddit.

The most interviews was 8.. however I turned up one day and had 5 back to back.

 

[jon86]

Just a quick update, the last consultancy meeting went brilliant. A huge bombshell was dropped and one of the directors looked like someone had walked over their grave.

They've gone off to review the new figures, hoping for a decision today.

On the Job front, I've had 4 more interviews, which all went well, although its a longer process than I last remembered.

Now that you've engaged a solicitor, if they offer your initial requested amount, I wouldn't just agree to it. You have them on the back-foot so let your solicitor inform you what a good offer is (or not).

Many of us here are enjoying being a figurative fly-on-the-wall, and we're cheering you on. Can you give us a little hint about what the "huge bombshell" was?