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Redundancy Question

  • 26-11-2015 10:07pm
    #1
    LegacyUser
    Registered Users, Registered Users 2 Posts: 166,026 ✭✭✭✭


    Hi All,
    Just a quick question. I am being made redundant at work, which is grand. It is a big global companyand this happens fairly regularly. I have a HR meeting shortly where I will get the official formal notice and details of pay, etc., conditions. I assume this is standard stuff for the company standard terms that they usually offer, etc., but my question is, is there anything in particular that I should be asking?
    I don't want to miss something purely because I didn't know the right questions to ask.
    Any help appreciated.
    Thank you!


Comments

  • #2
    blindsider
    Registered Users, Registered Users 2 Posts: 2,037 ✭✭✭blindsider


    - What support will they offer you to find another job? Outplacement, Re-training etc

    - Can you keep any healthcare benefits (or similar) for 3/6 months?

    - Make sure the redundancy letter states why you're being let go - market conditions etc - you may need this in the futere for a prospective employer.

    BOL!


  • #3
    Eoin
    Registered Users, Registered Users 2 Posts: 21,263 ✭✭✭✭Eoin


    Ask about a reference too, maybe.


  • #4
    gar32
    Registered Users, Registered Users 2 Posts: 1,024 ✭✭✭gar32


    Having been let go a few years ago.

    Ask for Pension detail and who to contact about it after you have left.

    Review how much you will get and compare on welfare site how it effects your payments.

    If you have a mortgage you can pay some money off and get dole right away if you wanted.

    Sorry to hear your losing job but you sound confident you will get a new one :)


  • #5
    Diziet
    Registered Users, Registered Users 2 Posts: 831 ✭✭✭Diziet


    And get some tax advice on how the redundancy payment is treated. There are some favourable tax treatments for redundancy payments, but it is a while since I used them so I am not up to date.


  • #6
    _Brian
    Registered Users, Registered Users 2 Posts: 18,721 ✭✭✭✭_Brian


    Diziet wrote: »
    And get some tax advice on how the redundancy payment is treated. There are some favourable tax treatments for redundancy payments, but it is a while since I used them so I am not up to date.

    Not so good as before, current goverent removed some. First €10k still tax free as far as I know


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