Redundancy Q&A

Q: My firm has said that it will seek volunteers for redundancy. Should I put myself forward?

A: While there is a risk that this will be seen as demonstrating a lack of commitment to the organisation, unless you hold a truly key position, most employers are pleased to have one less 'compulsory' to deal with. In some instances, staff are keen to be 'on the market' sooner, particularly if the economic situation worsens yet further.

Q: What am I entitled tot if I am accepted as a volunteer?

A: Some employees are fortunate in that their employers offer enhanced redundancy terms for volunteers, but strictly speaking, there is no entitlement to an enhancement of any sort. You are entitled to your note pay (usually those volunteering will not be required to work all of that period), and if you have more than two years' continuous service you will be entitled to a statutory redundancy payment.