How does voluntary redundancy work?
Posted by -_Error@reddit | AskUK | View on Reddit | 9 comments
There is talk of redundancies being made at work but I haven't been approached yet, and I don't know if I will.
I've only been there a year but to be honest I've been looking for an excuse to leave.
I'm not sure how it works though. Do I need to be on the chopping block to volunteer for it, or can I just put my name forward?
Will I get a payout if I volunteer for redundancy seeing as though I've only been there a year?
Inner-Device-4530@reddit
There is nothing stopping you from putting your name forward, but if they are not getting rid of people in your department they would most likely not be interested. Also bear in mind with one years service you have no protection, they could just let you go and pay nothing beyond your notice period
destructivedude@reddit
Hi! Late to the thread but what do you mean by “with one years service you have no protection”?
Inner-Device-4530@reddit
Within the first 2 years service (1 in NI) a company can dismiss a member of staff for any reason (excluding for protected characteristics). They do not need to go through a long process to sack you. And do not need to give a reason, and unless it's because of protected characteristics, wrongful dismissal is not going to go anywhere as a claim
-_Error@reddit (OP)
Yeah there are people in my department who have been approached.
Given that I have no protection, I'm guessing the most likely scenario if I were to volunteer is that they would just let me go.
Can't see that they would pay out of they can avoid it
SpiritedVoice2@reddit
Totally depends, sometimes it's open to all, sometimes it has to be approved by your manager and if you're valuable they may not allow it.
Sometimes voluntary redundancy is a higher payout than compulsory. But with just one year of work there you'd also likely get a very small payment, maybe like a months pay.
If your thinking of leaving and work remotely it might be more financially beneficial to just "quiet quit" over the next few months - if your morals allow it :)
Best advice would be to speak to HR though and get full details of the scheme.
cup-of-tea-76@reddit
My understanding is if they don’t want to then they don’t have to give you any redundancy seeing as you have been there less than two years
boldstrategy@reddit
If you haven't been approached you probably won't be considered. If you have been approached, usually, you get a heightened redundancy package. Also if you have been approached I would always recommend taking it, the next stage is forced redundancy with a lesser package.
I wouldn't do anything if you haven't been spoken too.
kunstlich@reddit
Depends, my employer through Covid the voluntary package was the same as the consultation package in terms of value. I stupdily didn't take either.
AutoModerator@reddit
Please help keep AskUK welcoming!
Top-level comments to the OP must contain genuine efforts to answer the question. No jokes, judgements, etc.
Don't be a dick to each other. If getting heated, just block and move on.
This is a strictly no-politics subreddit!
Please help us by reporting comments that break these rules.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.