redundancy for new starters
Author
Discussion

jamest1988

Original Poster:

159 posts

155 months

Tuesday 15th October 2019
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Thinking of moving job to a different company, they are desperate for people so I believe the package will be good but they company is less secure than my current one for a number of reasons. I’m aware that without two years’ service, I could be let go for almost anything which would leave me in a hole financially. Has anyone got any experience of negotiating around this? Are businesses ever willing to negotiate contract terms to include some kind of redundancy for new starts or am I dreaming? I’d like to move but risking my families security is a line in the sand really.

Thanks in advance

MECHENG84

541 posts

82 months

Tuesday 15th October 2019
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I don't know what the terms and conditions are, but you can take out insurance policies for becoming redundant, I'm thinking of adding it onto my life insurance policy. So you may be able to insure yourself for a small amount of money a month?

tribalsurfer

1,234 posts

142 months

Tuesday 15th October 2019
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anonymous said:
[redacted]
I would aim for notice of 2 years and a day.

Swampy1982

3,474 posts

134 months

Tuesday 15th October 2019
quotequote all
anonymous said:
[redacted]
Similar circumstance here, I'm not sure what industry you are in but I would be confident of finding a similar job to my original one within 6 months, so accepted the package and negotiated a 6 months notice period.

It's a win win, rarely do companies enforce it when you leave (you can negotiate out of it) and they are obliged to honour it if they dismiss you