Redundancy

V8Granite
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Re: Redundancy

Post by V8Granite »

It always comes good!

Dave!
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Zonda_
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Re: Redundancy

Post by Zonda_ »

At least you have time to start looking. I’m in the same situation, the prison where I work is going from a Cat C back to a Cat B and it will make my job almost impossible, as we’re a separate contractor they’ll soon cancel the contract.
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DeskJockey
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Re: Redundancy

Post by DeskJockey »

Sorry to hear that. Does that mean that your contract goes too?
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nuttinnew
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Re: Redundancy

Post by nuttinnew »

:(
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Zonda_
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Re: Redundancy

Post by Zonda_ »

DeskJockey wrote: Sat Aug 24, 2024 8:31 pm Sorry to hear that. Does that mean that your contract goes too?
It will do as my contract is as a prison employment coach.
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DeskJockey
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Re: Redundancy

Post by DeskJockey »

That sucks.
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Explosive Newt
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Re: Redundancy

Post by Explosive Newt »

Two years of funding left in my current job. Applied for another in Glasgow. But from speaking to others up there, it wasn't really going to be a good fit for me so eventually I dropped out. Interestingly, it turns out the other front runner candidate dropped out too and the job went to their third choice.
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DeskJockey
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Re: Redundancy

Post by DeskJockey »

Applied for a stretch role, but didn't get it. One last option internally, but looking outside also. Have had my outcome letter, if nothing changes I'll be out by the end of October which gives me two months with full pay to find a new job.

I'm feeling frustrated right now. Need to be patient, but kind of at the "just rip the plaster off" stage of wanting to get on with it.
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Jimexpl
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Re: Redundancy

Post by Jimexpl »

DeskJockey wrote: Mon Sep 30, 2024 11:29 am Applied for a stretch role, but didn't get it. One last option internally, but looking outside also. Have had my outcome letter, if nothing changes I'll be out by the end of October which gives me two months with full pay to find a new job.

I'm feeling frustrated right now. Need to be patient, but kind of at the "just rip the plaster off" stage of wanting to get on with it.
That's crap... I guess we won't be doing business together then? Are they shutting that site?
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mik
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Re: Redundancy

Post by mik »

Fingers crossed for you Alex - it’s a shitty position to be in 🙁
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DeskJockey
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Re: Redundancy

Post by DeskJockey »

I'm working on getting budget for the PoC and will push for them to keep at it.

The site remains, just me that's going.
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Rich B
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Re: Redundancy

Post by Rich B »

check - IME that two months will pay may be tax free. Makes a big difference to what arrives in your bank…
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DeskJockey
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Re: Redundancy

Post by DeskJockey »

It isn't redundancy pay, just my notice period. But I'll check anyway!
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ZedLeg
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Re: Redundancy

Post by ZedLeg »

I don’t think you’ll get it.

When I was made redundant I got my notice period pay and the same again tax free as a redundancy payment.
An absolute unit
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DeskJockey
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Re: Redundancy

Post by DeskJockey »

I'm not entitled to redundancy pay as I've not been there two years.
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Rich B
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Re: Redundancy

Post by Rich B »

Payment in lieu of notice isn’t redundancy payment. would you be expected to “work” your notice?
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DeskJockey
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Re: Redundancy

Post by DeskJockey »

No, they've offered to release me early as there's no reason to keep me on once I've handed over the things I'm working on. I've already planned my handover and it can be done in two weeks.

My manager is trying everything he can to make it as easy as possible.
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Rich B
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Re: Redundancy

Post by Rich B »

hopefully it’ll be PILON and tax free then… 🤞🏻
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Swervin_Mervin
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Re: Redundancy

Post by Swervin_Mervin »

Rich B wrote: Mon Sep 30, 2024 1:26 pm hopefully it’ll be PILON and tax free then… 🤞🏻
Why would payment in lieu of notice be tax free? Redundancy Payments are tax free, but afaia pilon is just treated as salary.
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Rich B
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Re: Redundancy

Post by Rich B »

Swervin_Mervin wrote: Mon Sep 30, 2024 1:29 pm
Rich B wrote: Mon Sep 30, 2024 1:26 pm hopefully it’ll be PILON and tax free then… 🤞🏻
Why would payment in lieu of notice be tax free? Redundancy Payments are tax free, but afaia pilon is just treated as salary.
Im just reading up - i’ve had PILON before, at a company that i’d only been at <6 months and it was tax free (it was a good chunk of my first house deposit). not sure now…
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