To see less ads Register or Login ----- Daily Fantasy Sports games 18+

Redundancy question

A forum for general discussion on Career, Business & Hobby subjects and topics
Post Reply
User avatar
jimwinn
Grumpy Old Man
Posts: 2849
Joined: 13 Oct 2005, 18:28
Location: Getting there
FS Record: nah

Redundancy question

Post by jimwinn »

Boo - the training company I work for is experiencing financial difficulties so a number of assessors need to write down the reasons why they should be kept on.

Much that I hate this process I like the job so .....

At the friendly chat the other day, it was mentioned that the proposed pittance was based on the fact I'd been there less than two years. It turns out that I have been there over two years (based on my 1st payslip)

Would this make much difference?

No union or HR so I'm a bit at a loss here

User avatar
Zimmerman
FISO Jedi Knight
Posts: 30211
Joined: 13 Oct 2005, 18:42
Location: having a picnic at the Bear Mountain

Re: Redundancy question

Post by Zimmerman »

I think statutory is 1 week per year?

Depends if your company operates its own scheme?

But I can't imagine they change their terms massively beyond 2 years?

User avatar
jimwinn
Grumpy Old Man
Posts: 2849
Joined: 13 Oct 2005, 18:28
Location: Getting there
FS Record: nah

Re: Redundancy question

Post by jimwinn »

I see


Thanks Zim

The chap handing out the bad news is the financial director who will no doubt be the last to leave as the managrment are never to blame

I noticed a change in company name on the letterhead too - :roll:

el_pappje
FISO Comedy Knight
Posts: 14967
Joined: 13 Oct 2005, 18:32
Location: Living strong
FS Record: FISODAS Champion Season 11 & 16; OFL Golf 4th 09; TFG OFL Overall, Majors, F1oG Winner 09

Re: Redundancy question

Post by el_pappje »

Can't remember for sure, but it might be possible that if you're there less than 2 years, you get a max amount, but over 2 years, it's a bit more according to a formula.

User avatar
jimwinn
Grumpy Old Man
Posts: 2849
Joined: 13 Oct 2005, 18:28
Location: Getting there
FS Record: nah

Re: Redundancy question

Post by jimwinn »

Yes you're right

Thought I should look it up for myself -

‘statutory redundancy payment’.

To be eligible, an individual must:

be an employee working under a contract of employment
have at least 2 years’ continuous service

The feeble settlement is just the holiday owed so that's why the chap said I had been there for less than two years - a lie to save peanuts.

Having to beg to keep my job is something I can't do on reflection. I'm too old to grovel and really the place is in such a state it really is time to go. Should have twigged earlier when the owner came to a meeting and said that he owned us - inspirational

User avatar
toffeelover
2015 FISO Golf Champion
Posts: 8648
Joined: 13 Oct 2005, 18:33
Location: I know I am getting better at golf because I'm hitting fewer spectators. ~Gerald Ford
FS Record: GolfGenius2007, OFL Golf Majors 2002, OFL Golf overall 2nd, 4th, 7th & 8th, OFL Golf Fall Finish 2013

Re: Redundancy question

Post by toffeelover »

jimwinn wrote:The chap handing out the bad news is the financial director who will no doubt be the last to leave as the managrment are never to blame
Not always the case jimwinn, I was the finance director......and I was the first to go :shock: :lol:

'Twas the Chief Exec handing out the bad news to me - nasty piece of work.

That said, it was the best thing that could have happened to me. Now in a much better job, decent boss, closer to home etc.

The same could well happen to you, so grab their pathetic offer and run!

User avatar
mad dog
Dumbledog
Posts: 13337
Joined: 06 Jan 2008, 11:17
FS Record: Sky Winner 16/17

Re: Redundancy question

Post by mad dog »

jimwinn wrote:Yes you're right

Thought I should look it up for myself -

‘statutory redundancy payment’.

To be eligible, an individual must:

be an employee working under a contract of employment
have at least 2 years’ continuous service

The feeble settlement is just the holiday owed so that's why the chap said I had been there for less than two years - a lie to save peanuts.

Having to beg to keep my job is something I can't do on reflection. I'm too old to grovel and really the place is in such a state it really is time to go. Should have twigged earlier when the owner came to a meeting and said that he owned us - inspirational

Fk that Jim. He owns you. What a tool. had a guy like that come in my last job that's when I switched off and did as little as possible and stole as much as possible. I don't get these people that think work is everything. Don't they realise that your only at the shithole to provide for your family etc.

User avatar
bluenosey
Dumblenose
Posts: 14751
Joined: 13 Oct 2005, 18:26
FS Record: FISO Goals Champ 2018/19 & 2019/20

Re: Redundancy question

Post by bluenosey »

Join a union Jim.

I was in Unite for around six months and they were a great help.

It carries more clout in discussions and they will help you with general queries.

Redundancy depends on you age too.

User avatar
jimwinn
Grumpy Old Man
Posts: 2849
Joined: 13 Oct 2005, 18:28
Location: Getting there
FS Record: nah

Re: Redundancy question

Post by jimwinn »

Good call - I need some objective advice

Loving a job and loathing this current ball ache is affecting my judgement

User avatar
jimwinn
Grumpy Old Man
Posts: 2849
Joined: 13 Oct 2005, 18:28
Location: Getting there
FS Record: nah

Re: Redundancy question

Post by jimwinn »

Yesterday was the last day so I've started looking for another job

Came across an advert for an IT assessor at the same company.

Is that legal?

Not one thank you or good luck - wasn't expecting a gold watch but feel annoyed. They just got Investors in People status too.

User avatar
Zimmerman
FISO Jedi Knight
Posts: 30211
Joined: 13 Oct 2005, 18:42
Location: having a picnic at the Bear Mountain

Re: Redundancy question

Post by Zimmerman »

If it's a different titled job (and slightly different job spec), then I think it is.

User avatar
jimwinn
Grumpy Old Man
Posts: 2849
Joined: 13 Oct 2005, 18:28
Location: Getting there
FS Record: nah

Re: Redundancy question

Post by jimwinn »

No but when I asked about it, the job is covering a different area.

When I heard that redundancies were coming I actually applied for this job not realising it was my job :oops:

The agency is owned by the MD of the company - wonder if they grassed me up :)

User avatar
Tacalabala
FISO Knight
Posts: 19010
Joined: 07 Sep 2008, 01:03

Re: Redundancy question

Post by Tacalabala »

If that's how they do business, you are better off out. I'd leave a shitty glassdoor/indeed review if I were you.

View Latest: 1 Day View Your posts
Post Reply

Return to “Careers, Businesses & Hobbies”