How much to make me redundant?

[Frimley111R]

I’m in a situation (covered on an earlier thread) where I have been/am being pushed out of my current role and the company is trying to find me something else do to. Whatever this is I feel that I’m too pissed off with the company for me to take anything they offer for anything other than financial reasons and this is obviously not a long term solution.

I have come up with a great business idea which has, so far, been well supported (and not just by friends/family). I’ve got a website sorted and am effectively up and running but don’t have enough time to really focus on it, get it going, etc.

One thought was that I could ask the management here to pay me off. BUT, if I do this I don’t think there’s anyway back for me. For example if they say “Ok, we’ll give you £X000 to go” and its not enough it’d be hard to say “Not enough, I’ll stay”. Also, what should I ask for even if I did that?

[dazp]

why not ask for a months wage after tax for every year you have been there?

[edc]

To maximise your return you need to get the employer to make the first move. You need to build your case for this though whether it be potential redundancy or constructive dismissal. Your best financial return is probably by steering down the constructive dismissal route but persuing this will be very mentally draining, divisive and likely destroy any remnants of a decent relationship. My advice would be to express your unhappiness, ask about department and head count plans and sign off with a thank you and that you will need to consider all your options both in and out of the company.

[edc]

To maximise your return you need to get the employer to make the first move. You need to build your case for this though whether it be potential redundancy or constructive dismissal. Your best financial return is probably by steering down the constructive dismissal route but persuing this will be very mentally draining, divisive and likely destroy any remnants of a decent relationship. My advice would be to express your unhappiness, ask about department and head count plans and sign off with a thank you and that you will need to consider all your options both in and out of the company.

[anonymous-user]

My only advice is that if at all possible you should always try to leave a job on amicable terms with your employer if possible. If your business idea doesn't work then you might be glad of a good reference or even a job with them a few years down the line.

A friend of mine has found this to their cost, didn't like his boss so thought he'd be clever by setting up in competition with his company and trying to gain private clients while he was still working there. The employer found out and fired him for gross misconduct at which point he found that private clients weren't as easy to come by as he'd thought they'd be (it is a recession after all) and so is now trying to get a job somewhere else, but obviously he can't get a reference for the job he's been doing for years (at least not a good one)!

[MitchT]

dazp said:

why not ask for a months wage after tax for every year you have been there?

Not much chance of that when the statutory payment is one week for each full year of service. The company I work for works on this basis plus 12 weeks pay on top, though I'm not sure if that's a legal requirement or not.