The "I've been furloughed" Thread
Discussion
dxg said:
Well, to put a different spin on things, my place is having a clear out of those who are "too old and too expensive." All voluntary, through a severance scheme (because they wouldn't get it through employment legislation). The method of calculating the starting point for negotiation is shared and shows that some of those a couple of years off retirement who have been here since the year dot will be walking away with sums just breaking into six figures.
Nice, if you find yourself in that position.
We had something similar based on a voluntary redundancy offer which would have been extremely attractive if you were a few years off retirement and had served many years at the company.Nice, if you find yourself in that position.
No good for me unfortunately and, as the company said they'd review anyone who applied for it, I'd be surprised if they got many off the books that way.
I was saying to my wife, I think this is the longest I have ever been off work apart from when I was at college between 16-18. I worked at a pub whilst at university so I have never had almost five months off work.
I just want it to end one way or the other now.
dxg said:
Well, to put a different spin on things, my place is having a clear out of those who are "too old and too expensive." All voluntary, through a severance scheme (because they wouldn't get it through employment legislation). The method of calculating the starting point for negotiation is shared and shows that some of those a couple of years off retirement who have been here since the year dot will be walking away with sums just breaking into six figures.
Nice, if you find yourself in that position.
My parents neighbour took early retirement at 58 from his work. Since then I spoke to a customer who’s brother in law worked for same business and I was astounded what their package was. Saying that both had worked there since leaving school and apparently their final salary pension is guaranteed till their 82. Good if you can get it. Nice, if you find yourself in that position.
BMR said:
dxg said:
Well, to put a different spin on things, my place is having a clear out of those who are "too old and too expensive." All voluntary, through a severance scheme (because they wouldn't get it through employment legislation). The method of calculating the starting point for negotiation is shared and shows that some of those a couple of years off retirement who have been here since the year dot will be walking away with sums just breaking into six figures.
Nice, if you find yourself in that position.
My parents neighbour took early retirement at 58 from his work. Since then I spoke to a customer who’s brother in law worked for same business and I was astounded what their package was. Saying that both had worked there since leaving school and apparently their final salary pension is guaranteed till their 82. Good if you can get it. Nice, if you find yourself in that position.
Something my company is looking into,
They are going to make me redundant, final part of the process,
I don't know how they know about my redundancy, but another company has contacted me about a role with them.
My current company have to give me 12 weeks notice (because of my length of service) and are suggesting that means i can't start a job anywhere else until the 12 weeks are up (been on furlough since the start and i won't be required to attend work in my notice period). they have suggested they would want to use the furlough scheme as long as they can to help cover my notice period.
Hope that sort of makes sense. Does anyone know the rules about this ?
They are going to make me redundant, final part of the process,
I don't know how they know about my redundancy, but another company has contacted me about a role with them.
My current company have to give me 12 weeks notice (because of my length of service) and are suggesting that means i can't start a job anywhere else until the 12 weeks are up (been on furlough since the start and i won't be required to attend work in my notice period). they have suggested they would want to use the furlough scheme as long as they can to help cover my notice period.
Hope that sort of makes sense. Does anyone know the rules about this ?
Whatsmyname said:
Well our lot are complete idiots - there’s no work bit they decide to only furlough one department (we have 3) so the furloughed department have just won a contract and are coming back to incredible amounts of work so no work from March to now and then straight back on it. They tried to make it work with us so presumably they could make some small profit even though people were begging for furlough - now company is saying we’ve cost them too much In downtime and It’s time for redundancies.
Unfortunately, unless you were already on furlough prior to 10th June then the company is not able to claim any furlough subsidy for you if you are furloughed for the first time after 10th June.This will have caught some employers out as they may have been hanging in there thinking the work will pick up but have now effectively been timed out to use the scheme.
turbotoaster said:
yesterday we had notification of redundancies, 7 of us going, they want us gone by start of september so make sure are off the books before furlough ends, so today was my last day working and they furloughed me again so as to not cost them
I suspect this is to maximise the furlough scheme, even though the subsidy is reduced from August to October. If 1 month is a typical contractual notice period and those affected are 4 years or less service then the notice would run to the end of the furlough scheme. StevenB said:
Something my company is looking into,
They are going to make me redundant, final part of the process,
I don't know how they know about my redundancy, but another company has contacted me about a role with them.
My current company have to give me 12 weeks notice (because of my length of service) and are suggesting that means i can't start a job anywhere else until the 12 weeks are up (been on furlough since the start and i won't be required to attend work in my notice period). they have suggested they would want to use the furlough scheme as long as they can to help cover my notice period.
Hope that sort of makes sense. Does anyone know the rules about this ?
If the company dismisses you by reason of redundancy (or other reasons) they are obliged to give you the greater of contractual or statutory notice. At 12+ years service the statutory notice is 12 weeks. They are going to make me redundant, final part of the process,
I don't know how they know about my redundancy, but another company has contacted me about a role with them.
My current company have to give me 12 weeks notice (because of my length of service) and are suggesting that means i can't start a job anywhere else until the 12 weeks are up (been on furlough since the start and i won't be required to attend work in my notice period). they have suggested they would want to use the furlough scheme as long as they can to help cover my notice period.
Hope that sort of makes sense. Does anyone know the rules about this ?
I would wait until you have an offer but during your consultation period ask if notice can be paid in lieu or if the company will mutually agree to all shorten the notice. However, if they intend to offset your notice period by funding it from the furlough scheme it seems unlikely they will want to pay in lieu of notice at full regular basic salary.
jsf said:
You can still work for a second company whilst on furlough with the first company, so you should be able to start elsewhere without that affecting the first companies redundancy scheme or furlough position unless the current company holds you to an exclusive contract.
Yup this is what I'd look at plus even if they don't like you starting at a competitor early, what will they actually do about it in practice (not theory). Small to medium businesses often don't have cash / bandwidth to worry about these things. Taita said:
jsf said:
You can still work for a second company whilst on furlough with the first company, so you should be able to start elsewhere without that affecting the first companies redundancy scheme or furlough position unless the current company holds you to an exclusive contract.
Yup this is what I'd look at plus even if they don't like you starting at a competitor early, what will they actually do about it in practice (not theory). Small to medium businesses often don't have cash / bandwidth to worry about these things. Whilst the risk may be low to you as an employee what the employer may do is treat the event as a resignation and not a redundancy and therefore not make any redundancy payment. With 12 years service that could be quite a large sum gambled. You can minimise or eliminate that risk by simply talking to the employer and reaching an agreement.
edc said:
Taita said:
jsf said:
You can still work for a second company whilst on furlough with the first company, so you should be able to start elsewhere without that affecting the first companies redundancy scheme or furlough position unless the current company holds you to an exclusive contract.
Yup this is what I'd look at plus even if they don't like you starting at a competitor early, what will they actually do about it in practice (not theory). Small to medium businesses often don't have cash / bandwidth to worry about these things. Whilst the risk may be low to you as an employee what the employer may do is treat the event as a resignation and not a redundancy and therefore not make any redundancy payment. With 12 years service that could be quite a large sum gambled. You can minimise or eliminate that risk by simply talking to the employer and reaching an agreement.
StevenB said:
Thanks for the comments, it's 33 years service so i would like to get a much from them as possible as the "new role" will only be part time so a lot less income.
If they are not open to a compromise agreement, probably best to stand fast, and let this opportunity go. If the new company want you, they either wait, or give you a Golden Hello equivalent to the sum you would get from redundancy.randlemarcus said:
StevenB said:
Thanks for the comments, it's 33 years service so i would like to get a much from them as possible as the "new role" will only be part time so a lot less income.
If they are not open to a compromise agreement, probably best to stand fast, and let this opportunity go. If the new company want you, they either wait, or give you a Golden Hello equivalent to the sum you would get from redundancy.edc said:
randlemarcus said:
StevenB said:
Thanks for the comments, it's 33 years service so i would like to get a much from them as possible as the "new role" will only be part time so a lot less income.
If they are not open to a compromise agreement, probably best to stand fast, and let this opportunity go. If the new company want you, they either wait, or give you a Golden Hello equivalent to the sum you would get from redundancy.StevenB said:
No Enhanced im afarid, so it will be capped at whatever 16ishk max.is. They have got back to me today and said i could start another job but they would consider that a termination which would not effect my redundancy payout but would the 12 weeks notice pay as they would stop paying it.
Sounds like a no brainier. Take the job and the pay off, ignore the notice cash as you don’t need it.StevenB said:
edc said:
randlemarcus said:
StevenB said:
Thanks for the comments, it's 33 years service so i would like to get a much from them as possible as the "new role" will only be part time so a lot less income.
If they are not open to a compromise agreement, probably best to stand fast, and let this opportunity go. If the new company want you, they either wait, or give you a Golden Hello equivalent to the sum you would get from redundancy.Gassing Station | Jobs & Employment Matters | Top of Page | What's New | My Stuff