3 weeks to Chrimbo and blam

[mudcow007]

I was called into a meeting at work yesterday an told I'm being made redundant as of next Thursday, which is nice

I've worked there for 13 years so I'm entitled to a bit of cash, but they have also offered me a "settlement" option of more money (basically double my entitlement) which requires me to sign a doc to say i was happy to leave - I think so I cant try them for unfair dismissal maybe??

I know a few peeps on here have been through this, were you all offered box "B" aswell?

[The Shaggy D.A.]

I left a company after I wanted to reduce my hours temporarily due to stress, but they didn't want to "set the precedent at my level", so offered me an out for a signature and a wad of cash. This went through a process where I had to find a solicitor to agree it (they paid the bill), and it was all to avoid an accusation of constructive dismissal.

If they're willing to stump up double the settlement for a signature, then it ain't out of the kindness of their hearts. Can't offer any advice over whether to accept, only you know your personal circumstances and what it is they're actually be getting you to sign.
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[colink98]

as part of the settlement they will have to pay a reasonable fee for you to speak with an employment solicitor.
the solicitor will get clarification for what the settlement is made up of. and also make sure you get what your entitles too.

When i was in this situation the employment solicitor was able to secure the initial offer and then add to it notice in lieu and holiday which was another 2-3 months salary.

Depending on how easy/difficult it is to find a new role, these situations are not always the worst of things.
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[JonB]

13 years in a business is a long time. Some would say too long.

Look at this is a positive opportunity to find something better. Most people I know who have been made redundant say they ended up in more fulfilling and better paying jobs.

Not many people get an opportunity for a big pay day, so take it.
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[Tracey Suntan-King]

You're being offered a "Compromise Agreement". A mutually agreed variation to the employment contract.

Have you seen a draft of it to know what the grounds for compromise are?

You don't have any real choice in the matter, they've decided you're out and there's no going back from that. The best you can hope for is that you might be able to squeeze more cash out of them in return for signing.

Listen carefully to the legal advice (which is free to you and you can choose your own solicitor, not one suggested by the employer).

Make sure a good reference is part of the compromise deal.

A condfidentialy clause will also be part of the agreement.

Good luck.
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Whether you think you can, or think you can't, you're probably right

[The Shaggy D.A.]

Compromise Agreement. That's the term I couldn't remember
____________________
Chances are quite high you are not in my Monkeysphere, and I don't care about you. Don't take it personally.
Currently : Royal Enfield 350 Meteor
Previously : CB100N > CB250RS > XJ900F > GT550 > GPZ750R/1000RX > AJS M16 > R100RT > Bullet 500 > CB500 > LS650P > Bullet Electra X & YBR125 > Bullet 350 "Superstar" & YBR125 Custom > Royal Enfield Classic 500 Despatch Limited Edition (28 of 200) & CB Two-Fifty Nighthawk > ER5

[Rogerborg]

Ho Ho Ho, eh? Sorry to hear it, unlike all those heartless cads above.

At this point your absolute top priority is to get a better job somewhere else.

Second priority is to rinse them for whatever results in the most money in your pocket.

If they're offering statutory minimum vs twice statutory minimum that's still sod all versus double sod all, so I would consider going tribunal-rage on them if they've spacked anything up - sadly this will cost you money up front.

Get everything in writing and go and speak to a specialist employment solicitor, because wut do is entirely dependent on your specific situation and how badly the company has monged it up.

I will mention that when a previous employer was engaging shenanigans mode, a co-worker walked in to an HR meeting with his personal solicitor in tow who ripped in them and he walked out significantly up on the deal.

On the other hand, if the company is in trouble then it may got titsup.com before you get any phat dollah settlement, so double sod all in the hand now may be your least bad option.

Get professional advice.
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[M.C]

If it makes you feel any better, a work colleague (and friend) was sacked for gross-misconduct 2 weeks before Christmas, even though it wasn't

Only thing I'd add to the above is consider if leaving on bad terms will make it harder to find employment elsewhere (depends on the industry).

[Rogerborg]

Yes, so first get a better job elsewhere, then burn the place down.

Financially speaking.
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[M.C]

I thought that's why they sometimes enquire with your previous 2 employers.

[UncleFester]

Unless you are highly marketable ...... then it can take up to 6 months to get a new job.

Just so you are aware of what you are planning for here in terms of finances.

I took a similar deal a little over a year ago and it worked out nicely for me but as above, said many times, do get legal advice if for nothing else than to make sure you've dotted the i and crossed the t and also to make sure you've got them for every penny you can.
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[Itchy]

[Rogerborg]

[Jewlio Rides Again LLB]

Just before you consider tribunal etc. It's worth checking if you have to pay the fee, as per Borg. See below:

https://www.bailii.org/uk/cases/UKSC/2017/51.html
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[Itchy]

I actually checked out the redundancy figures for the UK and it's pretty awful 1 week pay for each year or service.

So even double that is awful.
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[Jewlio Rides Again LLB]

[Rogerborg]

[P.]

Start taking larger rucksacks in to relieve them of laptops.

[M.C]

[Jewlio Rides Again LLB]

[M.C]

[mudcow007]

I was classed as their IT Manager, but in reality I was the whole IT Dept.

Im off to see an employment solicitor today to see where i stand legally etc so hopefully updates later

cheers all

[Ste]

[Rogerborg]

[colink98]