What would you do if you were made redundant?

[fractionMan]

Eeek! I've just been made redundant

I'm 'invited' to a meeting with HR on Thursday to discuss if there's a role within the company that I can move to OR to discuss redundancy. I can take a Trade Union representative, or a colleague from the company, should I want to.

It wasn't the best case scenario which would have meant me being with the company til end of year. Likelyhood is I'll be gone by month end

Still..what can I do? I'm amazed I've been here 4 years to be honest what with the terminal decline of the record industry. I'm just hoping I'll get a half decent package to leave with. I've been here 4 years but one of those was temping so technically 3 years. I hope I get at least 2 weeks for each of those years plus my notice.

Any advice on what I should do/say at my redundancy meeting urbanites??

ceasare is good with this kind of thing.

 

[skyscraper101]

yep..I'm not sure I'd want to take anything within the larger company.

I feel that by suggesting there may be alternative options within the company is just a nice way of dressing up the fact that I'll probably just be offered redundancy.

On the upside, I have been here 3 years so I would expect some kind of payoff. I'd just like to know what I'd be able to get away with if we end up negotiating at the meeting. I guess in those circumstances a Trade Union rep would have been handy but I don't even think there is a Trade Union for record labels! lol.

Ah well..time to pillage the catalog one last time!

 

[EastEnder]

yep..I'm not sure I'd want to take anything within the larger company.

I feel that by suggesting there may be alternative options within the company is just a nice way of dressing up the fact that I'll probably just be offered redundancy.

Legal obligation, innit - a company can't make anyone redundant without showing that the role no longer exists and that the employee can't be found an appropriate position elsewhere in the company. They're just following standard procedure.

It's supposed to stop companies using redundancy as a means of getting rid of staff they don't like, but can't justify sacking.

 

[Kanda]

I'd go and get another job.

 

[Bonfirelight]

watch yourself there, i was recently in a similar position and we were told if we didn't accept the positions offered to us then we would effectively take voluntary redundancy - with no payout.

I'm not sure how that might apply to you though (ours was a TUPE situation)

 

[feyr]

i'm lucky that i am unlikely to be made redundant ( i work in care/education with severely disabled young people, in one of only a few specialist centres in europe ) but if i did i would panic, then try and find any kind of work i could , bills to pay, mouths to feed

 

[ChrisFilter]

I dunno to be honest. Bank of Mum and Dad for mortgage payments, probably. As shameful as it sounds.

No savings, loads of debt.

 

[Gromit]

My serious reply.

Sign on. Get a cash in hand take away delivery driver job whilst waiting for my dole and applying for other jobs.

Hearing how much dosh my mate makes as a train driver though I'd be tempted to go for that.
If I had a seriously good redundancy package though i'm be tempted to go to uni and retrain for another profession.

 

[rioted]

..............I don't even think there is a Trade Union for record labels! QUOTE] Some peoples ignorance shgows no bounds

 

[sojourner]

Yep, sign on first, get wasted next. Sort out the mortgage repayment policy and get that started, furiously look for a new job.

I'm extremely unlikely to get any redundancy pay at all - if it goes, it goes proper tits up and we liquidate.

CV is already polished and ready to go, just in case.

 

[EastEnder]

Yep, sign on first, get wasted next. Sort out the mortgage repayment policy and get that started, furiously look for a new job.

I'm extremely unlikely to get any redundancy pay at all - if it goes, it goes proper tits up and we liquidate.

CV is already polished and ready to go, just in case.

The joys of small companies.....!

I'm in exactly the same boat - I'm a "key" member of staff, which basically means I'd be one of the last to go, by which point the company would be bankrupt...

It happened to me once before - I used to work for a dot.com at the tail end of the bubble (with legendary prescience, I finally joined the web revolution just as it was falling apart...), when things starting wrong they had their first round of redundancies. Half the workforce was laid off, I was kept on. Six months later, the receivers were called in, me and the rest of the team got our marching orders. The people who'd got laid off six months earlier in the first round of redundancies each got 3 months redundancy pay. I got paid till the end of the week....

 

[sojourner]

The joys of small companies.....!

I'm in exactly the same boat - I'm a "key" member of staff, which basically means I'd be one of the last to go, by which point the company would be bankrupt...

It happened to me once before - I used to work for a dot.com at the tail end of the bubble (with legendary prescience, I finally joined the web revolution just as it was falling apart...), when things starting wrong they had their first round of redundancies. Half the workforce was laid off, I was kept on. Six months later, the receivers were called in, me and the rest of the team got our marching orders. The people who'd got laid off six months earlier in the first round of redundancies each got 3 months redundancy pay. I got paid till the end of the week....

ace innit? I'd be bloody lucky to get paid to the end of the week!

 

[silver]

I had a mad panic about being made redundant a couple of weeks ago, checked all my paperwork & stuff, and my mortgage & loan would be paid for 12 months if I got made redundant cos I pay for insurance

So all in all, I might as well take advantage of that, plus redundancy money (I've been here 7 years), I'd probabaly get another lodger in to rent my room out and bugger off travelling for a few months