Thread: Redundancy???
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Old Oct 20, 2008 | 12:44 PM
  #7  
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Kelv
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From: Gatwick (ish)
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for some people it is a month for every year.

i work for the railway and my terms and conditions are still honoured as being Britsh Rails from the day i joined back in 1991.

for me, up until we were finaly bought out and our department was broken up and sold off - i get a months wages for every completed year at my current rate, then from then on i get the state basic - which as your finding out isnt worth poo.

we recently went thru it, and several guys who shouldnt have been put on the redundancy list were, for them having only been on 7 odd year they wouldnt have even got a complete months wages as there package.


youve also got to be carefull of your annual leave entitlement, they may suddenly say its pro-rata as its your final year and may claim days back from you if youve already gone over you allowment.

then also, you should be given a weeks notice for every completed year you have been on aswell

companys can be arseholes if they need to, especially if they want to cut the amount they want/need to be paying out.

but at the same time, there is a government minimum they can get away with - so best to do a quick bit of research before hand!
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