need to know entitlements of redudancy have worked for same company for 32 yrs and my department is being shut

Question

have been offered post in another dept but do not wish this I am a legal secratary

Answer 1

Redundancy pay is based on age, weekly wage and length of service:

18-21 years of age, half weeks pay per year of service.
21-41 years of age one weeks pay per year of service.
41+ years of age one and half weeks wage per year of service.

Weekly wage limited to no more than first £290. Maximum length of service is 12 years for this purpose. Thus max is 12 x 1.5 x £290.

E.G 50 year old with 20 yrs service, 9 times 1.5 time wage, 11 times 1 times wage!

In addition you get your notice pay, max 12 weeks, or whatever your contract says if more, plus acrued but untaken holiday pay.

Answer 2

Do not just accept the redundancy pay alone. Get together with colleagues or the union, if you have one, and work out a severance package:
1. redundancy pay, severence pay (a golden handshake) and both are tax-free, don't forget,
2. pension top-up to give you the equivalent of 40 years' contributions (you've earned that with 32 years' loyal service),
3. redundancy counselling by consultants who will also do personality profiling and advise you of the kind of work that best suits your personality,
4. help finding alternative employment (not just a reference but actually sending a speculative letter and your CV to anything up to 3,000 firms that might be able to use your knowledge, skills and experience (or they could get the counselling consultants to do it for you)
5. and anything else a group of intelligent people can dream up.

Remember, you are no longer on the team in the management's mind, so you can demand everything (even a hamper and turkey every Chrsitmas for life) without fear of getting the sack - you're about to get it anyway.

Oh, and don't be upset about the rude answer above. That crud just hasn't lived long enough to know how it feels in your position. He or she will get it one day. That's how life works. So be proud of your lifelong service and be proud of yourself. Never forget that when you go for interviews. Very good luck to you.

Answer 3

In the UK redundancy payment is NOT tax free. The first £30,000 is, the remainder at your prevailing tax rate.

You are entitled to 2 paid days leave with the sole intention of finding a new job.

Some employers have a re-training budget but they are reluctant to make this common knowledge. Ask your HR people.

Answer 4

Take the job you old bag. Do you think they don't have a prettier person ready to take the job for LESS $? Just shut up and be grateful they are offering it to you at all. They'd rather you just say thank you , and get the heck out of the way.

Answer 5

Try citizens advice, because they had offered you another position it may make some kind of clause to say you have to accept that position or resign making them pay less. You definatly want to work it to your advantage so seek some free advice.

Answer 6

legally a maximum of 12 weeks pay (tax free)

thats is the most anyone is entitled to.

you may find they will offer more though

Answer 7

Laws differ in different countries. In the US, you are not entitled to anything except unemployment compensation. You sound like you are from Europe, so maybe there are more entitlements in your country.

Answer 8

Goto http://www.dti.gov.uk/employment/employment-legislation/employment-guidance/page27698.html and it shall help you with how much you are entitled to

Answer 9

its usually a week and a half for every year

Answer 10

just take your separation pay and enjoy your retirement