Voluntary Redundancy - any tips - I said TIPS!
Voluntary Redundancy - any tips - I said TIPS!
Author
Discussion

elanfan

Original Poster:

5,527 posts

257 months

Wednesday 19th November 2008
quotequote all
Situation is my company is making some people redundant and are asking for volunteers. Terms will be very good so no probs there.

My problem is I want to go but in my job they are only looking for 8 out around 120 of us around the country. There is plenty of work for me in my region though a colleague has said he wouldn't mind covering my area if it meant him keeping the same boss (there is a possibility areas will get rejigged too). On the face of it the odds are stacked against me.

There are others who will want to go but I will be mentioning some serious health issues/sick record etc etc in support of my case so I may leapfrog them to front of the queue.

I am one of the most experienced at my job, possibly one of the better paid though it never gets discussed, longest served at 32.5 years and 51.5 years old so would get my pension etc

Any help tips to ease me out the door or humourous piss taking gratefully received.

Cheers

thunderbelmont

2,982 posts

254 months

Wednesday 19th November 2008
quotequote all
Become the main union negotiator. That usually works.


elanfan

Original Poster:

5,527 posts

257 months

Wednesday 19th November 2008
quotequote all
Like it but a little late for that - the forms have to be in on Thursday!

Oldandslow

2,405 posts

236 months

Wednesday 19th November 2008
quotequote all
What's the company future like? Is it possible this is the first round with enforced redundancies in the future? I know people I worked with who regretted not taking the generous voluntary package that was on offer 6 months before the company went into administration. No money left at that point so they got the statutory settlement from the DTI which is 1 week for every year of service capped at about £300 per week.

elanfan

Original Poster:

5,527 posts

257 months

Wednesday 19th November 2008
quotequote all
Multinational financial worth billions - zero likelyhood of going tits up.

I just want out - anything to tip the odds in my favour would be good.

RDMcG

20,863 posts

237 months

Wednesday 19th November 2008
quotequote all
Well, I assume you have calculated when your pension hits,,,51 is still pretty young, so you could have a long life ahead. If you want out anyway, and you believe there is plenty of work for your skills, go for it. Personally, I would opt to stay in and ride the recession out. Might be inclined to talk to a financial planner and spreadsheet out future income and see if it works for you.

thunderbelmont

2,982 posts

254 months

Wednesday 19th November 2008
quotequote all
elanfan said:
Multinational financial worth billions - zero likelyhood of going tits up.

I just want out - anything to tip the odds in my favour would be good.
I thought Lehman Brothers had already gone tits up? biggrin

Rob smile


elanfan

Original Poster:

5,527 posts

257 months

Wednesday 19th November 2008
quotequote all
Bumped for the day crew

Xaero

4,063 posts

245 months

Wednesday 19th November 2008
quotequote all
Recently had 20 redundancies at my work, most of the volunteers got it (including myself) The people who didn't volunteer but got compulsory redundancy was Mr Bitter, The transexual, zombie, and the guy that always harps on about immigrating to Oz.

What they are known for is pretty much summed up in their name to give you some tips on how to go hehe Taking some sick leave will help you along too.

Fittster

20,120 posts

243 months

Wednesday 19th November 2008
quotequote all
[quote=elanfan]Multinational financial worth billions - zero likelyhood of going tits up.
[quote]

Hmmm, that's what they all say.

Piglet

6,250 posts

285 months

Wednesday 19th November 2008
quotequote all
When I took VR from a large American IT company a few years ago I let it be known that I was looking to leave anyway - I was worried that this would count against me but was fairly well assured by some HR bods I knew that companies that do VR want to get their headcount down and to some extent want to get rid of those that are likely to go anyway.

They don't want to offload people, restructure and then find they've lost someone else and have to restructure again or even have to look at recruiting.

Good luck!

Brown and Boris

11,838 posts

265 months

Wednesday 19th November 2008
quotequote all
Xaero said:
Recently had 20 redundancies at my work, most of the volunteers got it (including myself) The people who didn't volunteer but got compulsory redundancy was Mr Bitter, The transexual, zombie, and the guy that always harps on about immigrating to Oz.

What they are known for is pretty much summed up in their name to give you some tips on how to go hehe Taking some sick leave will help you along too.
Problem is that usually the deadwood hangs on in there and the employable/useful asks for the voluntary ticket.

It sounds like you have had enough, would be a strong candidate (albeit I presume your redundancy package would alos be costly given your wage and lengthy of service) and want out.

elanfan

Original Poster:

5,527 posts

257 months

Wednesday 19th November 2008
quotequote all
[quote] Problem is that usually the deadwood hangs on in there and the employable/useful asks for the voluntary ticket.

It sounds like you have had enough, would be a strong candidate (albeit I presume your redundancy package would alos be costly given your wage and lengthy of service) and want out.
[/quote]

Nail right on head!

Xaero

4,063 posts

245 months

Wednesday 19th November 2008
quotequote all
Brown and Boris said:
Xaero said:
Recently had 20 redundancies at my work, most of the volunteers got it (including myself) The people who didn't volunteer but got compulsory redundancy was Mr Bitter, The transexual, zombie, and the guy that always harps on about immigrating to Oz.

What they are known for is pretty much summed up in their name to give you some tips on how to go hehe Taking some sick leave will help you along too.
Problem is that usually the deadwood hangs on in there and the employable/useful asks for the voluntary ticket.

It sounds like you have had enough, would be a strong candidate (albeit I presume your redundancy package would alos be costly given your wage and lengthy of service) and want out.
The deadwoods would struggle to get another job hence why they won't volunteer.

I'm not on a especially high wage although it has doubled since I started as an apprentice. Most people thought I wouldn't get it as I'm young (23) which they tend to favour for some reason, and the fact my training was about £80k (partially government funded) so its wasted money effectively. Company isn't going to get busy for a while, so thought I'd jump ship and take the opportunity to go travelling smile Plus it saves some poor sod with a mortgage and kids from going who really needs the job.

Stu247

815 posts

276 months

Wednesday 19th November 2008
quotequote all
thunderbelmont said:
Become the main union negotiator. That usually works.
That normally gets you a management position wink


To the OP....best of luck!!, you could be in a situation like me...the company can't afford to pay anyone off...I fear i'm going down with the sinking ship frown Nortel