Re: Fucking redundant again!
Posted: Sun Jun 03, 2018 12:50 pm
I've always been OK with this with redundancies if they're handled properly - although must admit it's only been half a day a week with this lot as I had three days / week with the new crowd.
It was the combination of things that hurt - basically on every angle of the redundancy it was "bad"JLv3.0 wrote: Mon Jun 04, 2018 9:54 amI've always been OK with this with redundancies if they're handled properly - although must admit it's only been half a day a week with this lot as I had three days / week with the new crowd.
The most brutal notice period was back in 2007 - I'd taken a new job in 2006 which was based on site around an hour's drive away. This in itself wasn't an issue - but there was NOTHING to do. Literally, nothing. A project management job came up with Premier Inn and I had to hand in my notice after only 9 months with them.
They were vindictive arseholes about it - made me go there every day to watch the clock, had people check up on me and report back to them so they could screw me out of my final payment (you get a certain amount of paid weeks per year here, multiplied by the time you've spent with the company, as a final payment in lieu of a pension scheme here) and so on.
This place has been awesome - just agreed my final payment with no issue, they've even included things I don't think I'm entitled to like my annual flight allowance that would only be due a week after I leave![]()
Exactly that.JLv3.0 wrote: Mon Jun 04, 2018 11:35 am 1500 quid after 4 years?!! Fkn ell.
It's like getting a really small bonus - I'd (maybe stupidly) prefer to get nothing. My bonus in 2016 here was a couple of months pay, and last year they said "look we've got no money, we're sorry". Not an issue.
In 2013 my bonus was something like 1200 quid - yeah cheers mate.
You're entitled to a redundancy payment as well as your pay for the time you work (or receive a payment in lieu of notice)Swervin_Mervin wrote: Mon Jun 04, 2018 11:58 am Forgive my potential naivety but if you're working notice surely you should be being paid as per normal (contract terms assuming)?
Only times I've heard of "pay-off" is when the person isn't working their notice.
That “word of the day” calendar you stole from the stationary cupboard is better than any pay off mate...JLv3.0 wrote: Mon Jun 04, 2018 12:11 pm I've been laid off twice - that's the corollary of being in construction project management. You're right there at the sharp end of any economic slowdown.
True, though i don’t think I’ve ever seen it written down!JLv3.0 wrote: Mon Jun 04, 2018 12:16 pm Corollary?
Not exactly bleeding-edge linguistic skills there mate![]()
Ahh, thanks. I should know this as the Mrs was made redundant back in March. Mind, she didn't work any notice, just got her redundancy pay off.NotoriousREV wrote: Mon Jun 04, 2018 12:01 pmYou're entitled to a redundancy payment as well as your pay for the time you work (or receive a payment in lieu of notice)Swervin_Mervin wrote: Mon Jun 04, 2018 11:58 am Forgive my potential naivety but if you're working notice surely you should be being paid as per normal (contract terms assuming)?
Only times I've heard of "pay-off" is when the person isn't working their notice.
PILON is the best way to go - you’re completely free to go (and/or start elsewhere) and you get the notice money pretty much tax free. I had it a few years ago with a job I was going to be handing in my notice any day: started the new job 6 days later with a wedge of cash.Swervin_Mervin wrote: Mon Jun 04, 2018 12:22 pmAhh, thanks. I should know this as the Mrs was made redundant back in March. Mind, she didn't work any notice, just got her redundancy pay off.NotoriousREV wrote: Mon Jun 04, 2018 12:01 pmYou're entitled to a redundancy payment as well as your pay for the time you work (or receive a payment in lieu of notice)Swervin_Mervin wrote: Mon Jun 04, 2018 11:58 am Forgive my potential naivety but if you're working notice surely you should be being paid as per normal (contract terms assuming)?
Only times I've heard of "pay-off" is when the person isn't working their notice.
Last time I got made redundant I lived for 6 months off my 3 months tax free pay. Best summer as an adult ever.Rich B wrote: Mon Jun 04, 2018 12:30 pmPILON is the best way to go - you’re completely free to go (and/or start elsewhere) and you get the notice money pretty much tax free. I had it a few years ago with a job I was going to be handing in my notice any day: started the new job 6 days later with a wedge of cash.Swervin_Mervin wrote: Mon Jun 04, 2018 12:22 pmAhh, thanks. I should know this as the Mrs was made redundant back in March. Mind, she didn't work any notice, just got her redundancy pay off.NotoriousREV wrote: Mon Jun 04, 2018 12:01 pm
You're entitled to a redundancy payment as well as your pay for the time you work (or receive a payment in lieu of notice)
Though have they changed the rules on this/tax?
Before I started this job I had a months gardening leave - I enjoyed every second of it and could have happily done another few months (the wife wasn’t quite as enthusiastic after a few weeks of leaving each morning with me still in bed!)NotoriousREV wrote: Mon Jun 04, 2018 12:37 pmLast time I got made redundant I lived for 6 months off my 3 months tax free pay. Best summer as an adult ever.Rich B wrote: Mon Jun 04, 2018 12:30 pmPILON is the best way to go - you’re completely free to go (and/or start elsewhere) and you get the notice money pretty much tax free. I had it a few years ago with a job I was going to be handing in my notice any day: started the new job 6 days later with a wedge of cash.Swervin_Mervin wrote: Mon Jun 04, 2018 12:22 pm
Ahh, thanks. I should know this as the Mrs was made redundant back in March. Mind, she didn't work any notice, just got her redundancy pay off.
Though have they changed the rules on this/tax?