Redundancy Consultation Pack
Throughout the course of the consultation process we will keep you informed at every stage of the process. This will be carried out through individual consultation meetings with your Line Manager or a member of the management team.
To assist the information process throughout the consultation we have produced a guide as follows which will hopefully answer some of the questions you may have at this stage.
- Whilst the consultation process is taking place you will remain on full pay.
- Advice will be available to help with writing a CV and putting application letters together should it be required.
- To be entitled to redundancy pay you must have two years continuous service.
Stage 1: Announcement of intended redundancies
All affected employees will attend a meeting and receive an individual letter explaining the proposal to consider redundancies or other alternatives to reduce the employment cost base. During this meeting possible options will be discussed and there will be an opportunity to ask any questions.
Stage 2: Individual consultation meetings
Every employee will have a minimum of [one | two] consultation[s] with their Line Manager or a member of the management team; these will be held on a one-to-one basis. The purpose of these meetings is to keep you fully informed of any progress being made by the company in their decision regarding reducing employment costs and also to give you the opportunity to ask any questions you may have throughout the process.
Stage 3: Confirmation of redundancies
In the unfortunate event that your position is to be made redundant you will receive a letter at your home address confirming your redundancy entitlement, date of termination and letting you know when payment is to be made. You will be given the right to appeal this decision within 5 working days of receipt of the letter.
Please remember that redundancies will only be made as a last resort, and if any, will only be made in minimal numbers.
Questions and Answers
- Is redundancy pay taxable?
- The first £30,000 redundancy element is not taxable and is also exempt from NI contributions. Payments in excess of this amount would be subject to tax and NI.