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Advice please

6 replies

AIBanUemployee · 21/08/2019 18:19

My role became redundant due to a restructure in March (which I designed and fully supported). I was asked to stay on and deliver restructure with a revised leaving date. I was made an offer of a settlement which was £5k less than the organisation enhanced standard redundancy package which everyone made redundant is entitled to. I argued this and was then offered a standard redundancy package with no recognition that my role was redundant months before I was due to leave but I was satisfied to have achieved a fair position with others affected.

Fast forward to now, the organisation has not been able to fill the redefined and less senior role mostly as they dragged their heels on the recruitment. They and I have agreed I will stay on for another six months and I was asked to consider a proposal. The timing of this gives me another full year of redundancy which is all standard for the organisation. The only addition, I asked for recognition of my flexibility and ongoing commitment so I asked for an additional months salary as part of the compensating element of the settlement. By this I meant not attracting the usual deductions but within the £30k tax free limit. I also agreed to stay longer should they fail to recruit by my now revised end date with no further negotiation of settlement.

They've returned the proposal with an adjusted position of a net equivalent of a months salary so I'm due to lose almost £3k that they could legitimately pay me.

This really is the equivalent of a retention bonus which can be 10% and upwards of annual salary. I asked for 7% as I feel I'm being reasonable but I did feel justified in asking for recognition of delaying my plans. They've also attached a load of objectives to the additional element. The objectives are not a problem to achieve but I don't want this to colour my final six months but equally, I feel my request was entirely reasonable under the circumstances. Any advice for me please?

OP posts:
flowery · 21/08/2019 18:33

It sounds like you asked for an extra months’ pay tax free and they offered it net of tax, is that right? You’re not ‘losing’ anything, as you’re not contractually entitled to that money.

It’s a negotiation. If you’re comfortable with the offer and with the deliverables involved, accept it. If you’re not happy with either the money or what is expected of you, you could either try and haggle or you could walk away.

AIBanUemployee · 21/08/2019 18:42

That's it in a nutshell Flowery.

OP posts:
flowery · 22/08/2019 07:31

Ok well if you’re not that bothered, have other options lined up and are feeling miffed that the extra you asked for isn’t quite being met, then say thanks but no thanks and move on.

If you haven’t got anything else lined up, maybe recognise that you not losing your job as soon as you thought you were going to is mutually beneficial only self, and stick with it, knowing you’ve enhanced your redundancy package, stayed employed for longer and are therefore in a better position.

flowery · 22/08/2019 07:32

Don’t know where “only self” came from!

AIBanUemployee · 22/08/2019 10:47

@flowery - thank you. Sometimes I just need an objective view which you've provided to.

OP posts:
flowery · 22/08/2019 10:57

No problem. It’s a negotiation, that’s all. Don’t take it personally and just make whatever decision is best for you. If this would make you feel resentful then perhaps it’s time to move on. Otherwise stick with it, focus on what you can get out of it, and then move on! Smile

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