Voluntary Redundancy

[d000hg]

Just think Zeity - with VR you could spend more time with your family!

WHS, don't leave.

[I just need to test it]

If one more person remarks that taking voluntary redundancy was the best thing they've ever done I'm going to eat Bear Grylls' jockstrap.

[Ticktock]

I was made (not voluntary) redundant after several years with a large US firm. I got a great payout from them. Best thing that ever happened to me.

[MicrosoftBob]

Voluntary redundancy was the best thing I've ever done

[vetran]

Voluntary Redundancy made me the man I am today! Bet thing that ever happened to me.

[TheFaQQer]

Many moons ago I go 'offered' VR by my boss with a note saying that it would be in my best interests to take it. Asked HR what the package was (not a lot to be fair), showed them the email and asked them to double it. Got agreement same day as long as I signed a waiver not to sue them later. Happy days.

Similar happened to my boss somewhere - she had an email from the new management team that said at the end (almost exact words) "Basically, with the changes to structure, there's no job here for you any more - have you considered resigning?"

That turned out to be VERY costly in the end

[alphadog]

It'll be about the statutory minimum, so £5 or 6k ish.

Plus I'd lose 4 years of pension contributions.

It's a bit tricky really.

Depends how much they want to reduce the payroll to the bottom of the scale again for the newbie, though that's only about £2.5k ish IIRC.

I wouldn't do it - sounds like a bad deal to me.

[I just need to test it]

I agree with alphadog.

Yom yom, by the way.

[Flashman]

It'll be about the statutory minimum, so £5 or 6k ish.

Plus I'd lose 4 years of pension contributions.

It's a bit tricky really.

Depends how much they want to reduce the payroll to the bottom of the scale again for the newbie, though that's only about £2.5k ish IIRC.

You'll easily burn through that amount in a few months. Nowhere near enough unless you really hate the place.

[VectraMan]

I'm getting involuntary redundancy. After 2 years I get £1400, and I only get that if I stay until the last month. This is the second job in a row I've lost to in-sourcing - i.e. back to the US.

They're closing the site, so everybody including the boss and a couple of contractors are all going. Needless to say nobody is very motivated.