When your employer is planning to make redundancies, you can choose to put yourself forward for redundancy before being selected (‘voluntary redundancy’). This can be done by either: your employer asking for volunteers. you offering (‘volunteering’) to be made redundant.

Why voluntary redundancy is bad?

Negative effect on those not selected If you offer voluntary redundancy, you may end up with more volunteers than you had anticipated. Those that are not chosen for redundancy may feel very negatively about your decision and may become demotivated.

What do I do if I get voluntary redundancy?

Once you volunteer to be made redundant If you’re selected for redundancy, it’s important you get a letter from your employer confirming you’ve been made redundant. You’ll need to show this letter to an employment tribunal later if there are any problems (for example, your employer doesn’t pay your redundancy pay).

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.

What are the disadvantages of voluntary redundancy?

Drawbacks of voluntary redundancy

  • You may find you’re worse off financially in the long run. Sums vary, and if you don’t think it’s large enough you may have to negotiate.
  • Compulsory redundancy on less favourable terms.
  • It takes you a long time to get a new job.

Why would a company offer voluntary redundancy?

Voluntary redundancy is when an employer offers a financial incentive to an employee to leave the company of their own free will. An employer may offer voluntary redundancy because they need to slim down the workforce, selling the company or restructuring their business.

Can you be made redundant when on furlough?

“Your employer can still make you redundant while you’re on furlough or afterwards. Your rights as an employee are not affected by being on furlough, including redundancy rights.”

What do you need to know about voluntary redundancy?

What is Voluntary Redundancy? Voluntary redundancy occurs when an employee volunteers or agrees to be made redundant. In most cases of voluntary redundancy, the employer offers a financial incentive to an employee to voluntarily resign subject to a formal Deed of Release (which prevents the employee from bringing a successful claim).

How many employees are at risk of compulsory redundancy?

Three individuals volunteered and the employer accepted their requests. It decided that a further 17 employees were at risk of compulsory redundancy. The TGWU informed the employer that, as 20 redundancies were proposed, the statutory obligation to consult was triggered.

How can I ask to be made compulsorily redundant instead?

You can ask to be made compulsorily redundant instead – c ontact your nearest Citizens Advice if you need help speaking to your employer or understanding your options. Read more about budgeting, training and finding a new job after redundancy. Your employer will select the people to be made redundant from everyone who volunteered.

Can a company reject an application for redundancy?

Employers do not have to accept applications for redundancy and can reject the application if, for example, the employee is considered too good to lose. However the process must be fair, transparent and objective to protect the organisation in the event of an employment tribunal.