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Redundency
Well, it seems like my factory will be shut down by Christmas and all 84 employees will be made redundent.
Bit of a pi$$er! Our parent company wants to be out of this market sector and all the dirty work out of the way before they are bought by a bigger company. We are just a bit of the dirty work! :smt097 So I now need to find something new to do with my life, that will also keep the wolf from the door. Idealy like many others in this sort of situation I would like to combine earning money with doing something that i enjoy. A trick that has eluded me so far! I do have one idea, that I had planned as a post retirement interest, that I now need to do a quick fiesability study on. I may post some questions about this later and it would be great if the orgers could help me decide wether its a goer or pie in the sky. First things first however, does anyone have any recent (say last 2 years) experiance of redundency? If so would you post or PM details of the terms? This info will help to strengthen our negotiating position. I am NOT interested in £, just the terms ie Was there a cap on the amount of redundency? (OK if so what was the cap?) How many weeks pay per year we paid? Was there a minimum for newer employees? Was any training offered, if so was there a limit in £, weeks pay, time to complete training etc? Were people required to work their notice? What outplacement support was offered, for how long? Anything I have missed? If possible the name of the company carrying out the redundencie would be superb I have not named the company for now because the only real bargining chip we have is their desire to avoid adverse publicity, therefore it pays to keep that option up our sleeve Thanks All |
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Have you all been offred a redundancy package?
What are you thinking of doing next? Matt |
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I hope this turns out well for you and your colleagues. The magic trick is to sort out a new job for soon after being made redundant, so you redundancy payment can be used as a windfall to help pay the mortgage off early or similar. Try to view this as an opportunity to get doing somthing that makes you happy, rather than just paying the bills. |
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Redundancies are taking place in my factory too, so my sympathies go out (of course if you want the package, which a lot of people in my place do, then fair play to you).
The deal in our place is 1 month salary for every year with the company. Not aware of a cap. Tax free limit is about 30K as someone has stated, but people here are doing things with pensions to avoid tax. |
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Yeah I have been layed off a few times, but I got bugger all out of the companies that did it to me, that the TV sector for chew you and spit you out.
Went and changed jobs I'm alot happier now, though its dam hard work but worth the effort. I would speak to citzens advice, that would be a good starting point, also if things do get ugly first 30 mins with a solictor is few, once threated sue unless they paid up. ythye paid up in the end. For a new jon i would say find something you love/enjoy doing and see if you can make money out of it. I know what i want to do, with work it just gonna take me a while too get there. Well best of luck with finding a new job, ask away no quesion is a silly one! |
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Thank for the replies so far!
Alpinistarhero There is no package on the table yet, we are just entering a 30 day consultation period where negotiations will take place. As for whats I do next - who knows. I have some ideas but nothing concrete yet. Luckypants Thanks for the info. Any details on the company that gave 6 months pay for 2 years service. That could be very useful. The tip about negotiating with the revenue is a good one, for those getting more than £30K - not me unfortunatly I only have 3 years service. Glade Any chance of the name of the company and and something in writing? Bluethunder I hope that things will turn out well. This will be my 4th redundency! On each occasion I have gone back into manufacturing, currently as an Operations Manager - god forsaken job that I dont intend to do again! Thanks again for the feedback so far. When the offer is finalised I will post up details in the hope that it will help someone else. PS Gizz a job |
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National Power. Pretty sure that I haven't broken any agreements by mentioning the name.
Also note that the negotiation with the revenue is not on an individual basis. Your compant need to go to the revenue to get the scheme exempted from any rules regarding taxation above the 30K threshold. It costs the company no more and gives the folks getting a good pay off much more. |
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A couple of links for you.....
http://www.berr.gov.uk/employment/redundancy/index.html http://www.direct.gov.uk/en/Employme...rJob/index.htm pete |
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I was made redundant from Iceland Foods (IT position) a little over 2 years ago.
Because they were laying off more than a certain number of people (I think the limit is about 90 - 100), they were obliged by law to give 90 days consultation. Secondly, because we were IT and had access to "sensitive data", we were required to take "paid leave" - which basically meant that we were sent home on the day that consultation was announced and were not allowed back on the premises without an invitation until our employment was terminated (some 3 months later). Finally, the bit about pay ... we were actually given either a weeks pay or £250 ( whichever was the smaller) so working in IT that meant £250 for every FULL YEAR of service completed. Three BAD things about this: 1. The previous round of redundancies were offered a much better remuneration package (I think it was something like a full weeks pay for every year plus a month or 2 or 3's extra as a "sweetener") - we didn't get this cos it was "wholesale redundancy (i.e. so many staff going - in total around 400!). 2. Although I'd worked for Iceland for 11.5 years only the last 5.5 were continuous years service :( 3. I actually got a job offer 2 weeks before I was due to be "officially made redundant" and my new employer wouldn't/couldn't wait an extra 2 weeks for me to start ... which meant I had to hand my notice in, which meant ... NO REDUNDANCY PAY :( Still ... on the upside ... I had just had 10 weeks sat on me ar$e earning full pay :) PLUS, I decided to go and do contact IT work (something I'd always wanted to do, but was just "too comfortable" at Iceland to go and do it). So I saw redundancy as my chance for a fresh new start :) HTH, Pete |
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My redundency is finalised so I will post the information about the final deal so that anyone else who faces the situation has some negotiating information.
My company was in manufacturing, it seems that generaly manufacturing deals are poor, but I dont think this was too bad. 1. Everyone regardless of service got 4 weeks notice, eventually paid in lieu. 2. Everyone got 3 weeks pay per years service (rounded up) 3. A termination payment was made in addition based on performance over the consultation period |
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This consultation period business is a joke. They have to do it, else they get clobbered with a 'protective award' - ie, more compo. All they do is write a letter saying 'we wish to consult with you on possible ways forward' when what they really mean is 'we have decided to close down and to make all of you redundant'.
Do be sure that they follow a fair process - even if everyone is being made redundant they still have to write to you, invite you to a meeting, explain what they're doing, give you a chance to have your say, and then decide. If they don't follow the statutory process as a bare minimum, the dismissal is automatically unfair - even if had they followed a fair process the dismissal would have been fair - eg a redundancy. The BERR website is good on this. |
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Agreed.
The unfair dismissal legislation is unreal.All about proceedure and nothing about justice or fairness. |
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My redundency is finalised so I will post the information about the final deal so that anyone else who faces the situation has some negotiating information.
My company was in manufacturing, it seems that generaly manufacturing deals are poor, but I dont think this was too bad. 1. Everyone regardless of service got 4 weeks notice, eventually paid in lieu. 2. Everyone got 3 weeks pay per years service (rounded up) 3. A termination payment was made in addition based on performance over the consultation period - paid per person a) £250 per week for full attendance that week b) £1000 payable if there were no accidents in the period c) £1000 payable for maintaining customer service d) £1000 payable if there was no damage or theft We also had some outplacement support (for the companies benifit to protect from potential compensation claims) Some individuals who elected for retraining got a grant towards the cost of up to £1000. For people with long service the was a cap on payment of £35000, this was renegotiated to £40,000 or 14 months pay, whichever was greater. (Only 3 people effected) In summary not too bad a deal I hope this information is of use to someone. |
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With respect to Ed's post about unfair dismissal:
They were absolutly paranoid about this. They employed a consultant, at huge fee, to ensure the company was completly protected. This guy was a part time lay memeber of tribunals, and to be fair really knew his stuff. We found that the best way to get a movement during negotiations was to allude to unfairness, or adverse publicity. |
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why oh why do people insist on doing this just before Christmas?!! happened to my brother last year as well - though at least it was the kick that he needed to start thinking about what he actually wanted to do
seedy - hope it all works out for you, with any luck you'll find something you really enjoy doing out of it... |
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I wish I knew about this stuff when I was made redundant. :(
Hope you find a new, better job soon Seedy. |
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Seedy, sounds like you came off ok given its a bad situatin, least you'll be pocketing some money to see you through. Have you found some other avenue to go down? We're rootin' for ya :D
Matt |
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Far better than the statutory entitlement! Here's a ready reckoner... http://www.dti.gov.uk/employment/emp...page33157.html |
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