Ally
Member
Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
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Im being made redundant 
4 and a half years service...
What happens? Never been through anything like this 
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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What usually happens is you find another job 
Redundancy money, how long have they given, are you in a union - they can sometimes get things to move in your direction???
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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Sorry to hear that. They usually just tell you straight what is going on although some people might get kept back longer to wind business up, depending on the reasons for the losses.
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Ally
Member
Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
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We are going December 2008.
What redundancy money do you get
What is a retention package
What is a relocation package, they have moved my job to Lincolnshire
Do i have to stay here untill december?
Yes, this questions probably appear dumb to some members on the board but ive never been in this situation before so id appreciate it if someone could give me some summaries ...
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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Money depends on their package, they should give you details. Usually based on length of service.
Retention or relocation packages are arrangements to stay on. May be alteration of salary or conditions. Relocation usually includes a contribution to moving expenses but check what they are offering.
You don't have to stay but you won't get the redundancy money if you don't.
[Edited on 01-02-2008 by Ian]
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--DAN--
Member
Registered: 3rd Feb 03
Location: Bottesford. Drives;3 Series
User status: Offline
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Sorry to hear that Ally, where in Lincolnshire is it moving too?
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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I think you get a months wage for every year you've been there.
Dunno about retention or relocation.
You dont need to stay there you can leave when you want giving a months notice.
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Fro
Member
Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
User status: Offline
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When the girl was made redundant she was only there for a year but got £4.5 redundancy money ontop of her final wage.
So it all depends on the company really.
Sorry to hear that Ally, i was almost in the same position last year
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Ally
Member
Registered: 2nd Jul 03
Location: Pontypool Drives: a Skoda
User status: Offline
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Just abit sad, been here quite a while now. I knew it wasnt forever but i guess i wanted to leave when i wanted, not when i was told i had to 
Plus i dont have a clue whats going to happen with the money side of things, but hopefully we will be having individual consultations soon.
Just felt like a prick in the meeting when i said.... whats redundancy?!
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_Allan_
Member
Registered: 24th Mar 04
User status: Offline
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You have till 12/08 don't panic Ally, it will all work out. Good Luck 
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Mav 3000
Member
Registered: 16th Aug 01
Location: Leicestershire
User status: Offline
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There should be a redundancy amount calculator on the internet somewhere - because if your company offers you the bare minimum (they probably will) they will use the same equation.
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