Alanbileysfeathercut
Player Valuation: £80m
Rubbish voluntary terms.These are the Government guidelines on redundancy. Get hold of the company redundancy policy too. Make sure you know what's in it. They might be in a position to offer voluntary terms that are usually better than compulsory. It depends how dire the situation is.
https://www.gov.uk/redundancy-your-rights
ACAS have good advice too about selection for redundancy and what they have to give you - compulsory redundancy payments are higher if you are over 40. They can't just select older people, the selection policy has to be seen to be fair. They also have to have a period of consultation. If they are making more than 20 redundant it has to 90 days and with the Union. If it's less than 20 people then there is no set time for a consultation period.
Government +20%PYLON an option.
Compulsory
Government +10%.
About 10 months ago we got offered 2weeks pay for each year up to 26k,which in an odd ballot was accepted along with pension reductions,previous voluntary was a month for each year up to 2 years salary.
Legally according to our superiors they can change the terms.
Can hardly strike to force their hands.
Anyway folk who were wanting away have accepted, but we are still about 25 top heavy, which will be compulsory.
I'm hoping they might just hold on to these as we've never done compulsory, but it's a new ownership and we've a massive loss for this 1st year.