Redundancy

Soldato
Joined
7 Mar 2005
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6,732
Location
Wolverhampton
Hi guys,

I got pulled into a meeting this morning and said my estates team are being restructured, but they were pretty vague in terms of when this might happen.

They put a redundancy package in front of me and said they are removing my role, and they will enhance the pay off with an extra 2.5k if i accept it this week. If i don't accept it this week, i will lose the extra pay and get made redundant anyway a few months down the line.

I left the meeting with no paper work, no minutes and no letters.

I have not been through this process before and to be honest feel a bit pressured / backed into a corner into taking this pay off.

I am speaking to my union in the morning, but wondered if anyone has had any experience with this, as I'm really worried?!
 
Soldato
OP
Joined
7 Mar 2005
Posts
6,732
Location
Wolverhampton
To put more context and figures to it, this is what they offered me.

I think statutory I get 5 weeks as I've been there 5 years, so about 2.5k

They offered 3k additional.

Then a bonus extra 2.5k if I accept this week, if I don't they will make me redundant a few months later anyway minus the 2.5k bonus.

In other words there trying to get me to go quick and quiet with a 2.5k incentive.

To feel comfortable I'd like 6months salary in my bank so there 4k short.

Also add they couldn't actually give me a timeline on the main redudency, so could be another 6 month's ?
 
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Soldato
OP
Joined
7 Mar 2005
Posts
6,732
Location
Wolverhampton
Am I entitled to any benefit to cover any unemployment time if I take this offer?

I've applied for 6 jobs ready but who knows could take ages!

I'd be expected to leave July 19th
 
Soldato
OP
Joined
7 Mar 2005
Posts
6,732
Location
Wolverhampton
What I need to consider is if I take the pay off that will get me through 4 months of unemployment until the money runs out.

I will earn more money by staying in employment as it doesn't look likely that the estates team restructure will happen in the next 4 months, but that is a risk id be taking I suppose.

I'm tempted to ask for 6 month's pay and I'll go quietly tomorrow.

FYI I'm a Facilities Manager
 
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