Redundancy Package possibly incorrect

[BedsAreBurning]

If anyone can help I'd appreciate it.

My team is in consultation for redundancy. The date of leaving will be 31st March 21.

We have all been sent our calculated package.

I started my job on 1st April 2016. So to my mind, exactly 5 years.

We received enhance redundancy pay, 6 weeks gross salary for every reckonable years service.

My yearly salary is 22360 gross. Same salary every month.

By my calculations it should be:

22360/52 = 430 which is my weekly salary x 30 weeks = 12900 redundancy pay.

Can anyone confirm that my calculation is correct?

I'm worried I am being short changed and only have till the end of the week to express an interest.

Thanks.

Looks right to me. If you calculate based on 365 days per year instead of 52 weeks per year you get about £50 less.

What's their figure?

You seem correct, what's their offer?

Ask your employer to show you the calculations, mistakes happen especially at the moment when everyone is under pressure.

Ooh.
This is a hard one. Solely because of the dates.
Have you accrued extra benefits for service on 1st April each year?

Are they saying 4 years worth?

What figures are they suggesting?

Thanks all, their offer is 11913.

I've asked for the calculation.

The only extra benefits has been more annual leave.

Since that figure is not a multiple of your weekly pay, it suggests that there are some deductions.

If part of the payment is in lieu of notice it is taxable.

If you have taken more holiday than you have accrued, they are entitled to deduct the additional holiday pay from your payment.

I'll have to wait for the calculation.
Our leave runs Jan to Dec so it's not that.

Would you be entitled to additional leave from 1st April though?
If so they may not be using the same number of years service. Though the figure doesn't match that.

It looks like deductions.

Have you been funded for training? Items you've claimed via expenses and owe a percentage of due to service ending before the time periods will be up?
Also being this is at the end of the financial year, it may mean you're paying more tax than you would if you were redundant on April 1st.

You won't have done 5 full years if you leave before your anniversary. It seems harsh that they would do that but I have seen it.

Are you in a union?

The government have a redundancy calculator, check what they say you should get

@GinandGobbledegook

You won't have done 5 full years if you leave before your anniversary. It seems harsh that they would do that but I have seen it.

Are you in a union?

This is true, has to be completed years to count which is why it immediately jumped out at me that leaving date looks a bit sneaky. Coukd cost you quite a lot of money

@GinandGobbledegook

The government have a redundancy calculator, check what they say you should get

If you use that with the details you think are correct you're going to get the same answer as using your own calculator (I don't know if it does over and above the statutory entitlement), the issue here is that the employer is obviously using different data in some way to get to their figure.

Technically you will have done 4 full years when you leave, as your 5th anniversary is the day after you leave. But the calcs haven't been done on that if they have offered 11,900 as 4 years would be 11,180 - you should question it.

Is your salary exactly 22,360? Wondering if it's a typo?

Does that leave date include your notice or are they paying you in lieu of notice?

Salary is 22372.87. I didn't include the pence.
No training to repay, or expenses to deduct. I will have some accrued holiday by end March that I will take so it's not that.

I can't use the gov calculator as it is enhanced.

I'm in a union so I'll check about the leave date, to be penalised for one day feels harsh.

Ah, I didn't read your op properly about the enhanced.

Its good that you're in a union. I've had two cases where the anniversary is close (not as close as yours) the unionised staff member was given the additional and the one who wasn't in a union only got the years they had anniversaried. It's not right but the company were a lot more cautious when the union was involved.

Technically they can give you 4 years but hopefully your union can push them.

Also, the PP asked about notice in leui. That's relevant as your physical leave date is when your service would stop.

Thanks everyone. Will see what they come back with and what the union says. I'll be glad to go TBH, this is just the latest in a long line of angst.

Even with the correct figure for your salary this works out at a little under 28 weeks. They are clearly paying you for more than 4 years so I remain of the view that the figure they have given you is after deductions.

@GinandGobbledegook

You won't have done 5 full years if you leave before your anniversary. It seems harsh that they would do that but I have seen it.

Are you in a union?

I'd say that would be a very risky approach! First and last days of employment count for the purposes of calculating continuous employment.

www.personneltoday.com/hr/pacitti-jones-v-obrien/

Just to update everyone.
Error in the calculation corrected and they will give me the 5 years.
Thanks all!

@BedsAreBurning

Just to update everyone. Error in the calculation corrected and they will give me the 5 years. Thanks all!

Glad to hear you got it sorted easily

There's a tendency on here it seems to always assume the worst and jump straight to unions/acas/legal action when most times it's human error and easily resolved.