Thread: Redundancy Questions - please help

Hi

I was told my role has been selected for redundancy last week. I put in my proposals on Friday and received an email Monday to say the consultation was closing on Tuesday.

Have my meeting today at some point to find out what their decisions are. I have a few questions I want to get straight first:

1. I have heard they will be paying 4 weeks notice (but can leave straight away and can start a new job ASAP) - Will this be taxable?
2. They will also be paying 2 weeks extra as redundancy - take it this should be tax free.
3. I have bonus outstanding for May and June - will this be paid as normal i.e. pay tax on it?
4. Is there anything else I should be aware of?
5. Also, if my role gets made redundant and then they employ me in another role which I have to attend interviews for will i still get my redundancy pay?

Thanks

J

Well I have had my meeting, I am being made redundant but cant really complain. I am being paid 4 weeks notice and 2 weeks full pay on top of this. I have been there just under 2 years ( 7 weeks short of the 2yrs).

No vacancies available either

On the basis that you have been there less than 2 calendar years then take the money and run. They could throw you out with nothing.

Good Luck!