Can staff choose to take voluntary redundancy?

To volunteer for redundancy, you can ask your employer. It’s a good idea to put it in writing. You should follow your employer’s policy or procedure for voluntary redundancy, if they have one. Your employer does not have to agree to make you redundant as they will be considering the needs of the business as a whole.

Do you get redundancy pay if you take voluntary redundancy?

Sometimes employers offer incentives for taking voluntary redundancy, like extra redundancy pay or not having to work your notice period. You’ll also still get any other redundancy rights you’re entitled to, like time off to look for a new job.

Do you need a solicitor for voluntary redundancy?

In the event of your application for voluntary redundancy being accepted, the employer will most likely require you to sign a Settlement Agreement. Therefore it is a legal requirement of a Settlement Agreement that you obtain independent advice from a solicitor.

Do companies have to offer voluntary redundancy UK?

Is your employer obliged to offer voluntary redundancy, and what process do they need to follow? Before the consultation process begins, employers can consider offering voluntary redundancies, although there is no obligation to do so.

When do companies offer voluntary redundancy to employees?

Voluntary redundancy is offered when employers don’t want to resort to compulsory redundancy. The company will send out a voluntary redundancy letter to all eligible employees asking for volunteers to be made redundant.

What can I do if my employer selects me for redundancy?

You may be able to make a claim to an employment tribunal for unfair dismissal. It’s up to your employer whether they actually select you if you volunteer for redundancy. Your employer cannot just offer voluntary redundancy to age groups eligible for an early retirement package – this could be unlawful age discrimination.

Is the University of Manchester doing voluntary redundancy?

Couple of months ago, I told you that my employer – the University of Manchester – has a round of voluntary severance that, failing to make the numbers, will change to compulsory redundancy. More importantly, I shared 7 ways to transform the threat of redundancy into a glorious opportunity.

Can You claim universal credit after voluntary redundancy?

GOV.UK has more info on redundancy rights. You might be able to claim benefits like Universal Credit after taking voluntary redundancy – check what benefits you might be entitled to. You should check your mortgage protection policy to see what it says about voluntary redundancy.

What to do if you get a voluntary redundancy offer?

Check the redundancy offer. Ask your employer what the redundancy package will be. Sometimes employers offer incentives for taking voluntary redundancy, like extra redundancy pay or not having to work your notice period. You’ll also still get any other redundancy rights you’re entitled to, like time off to look for a new job.

Are there any compulsory redundancies in the UK?

The organisation, which warned in July that it might have to make people redundant to deal with the fallout from the coronavirus crisis, has said it is making 514 compulsory redundancies following consultation. A further 782 people have taken voluntary redundancy, as part of cuts to jobs that will save around £59m a year.

Can a company target older employees for voluntary redundancy?

Employees nearing retirement age might be keen for a little extra cash before they start taking their pension. However, employers should be wary of targeting older employees for voluntary redundancy as this could amount to age discrimination. What impact can voluntary redundancies have?