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Redundancy entitlement

  • 21-07-2016 8:35am
    #1
    Banned (with Prison Access) Posts: 2,030 ✭✭✭


    I am in a job 2 and a half years, there is talk of the company pulling out of ireland, what are my entitlements in terms of redundancy?


Comments

  • Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,690 Mod ✭✭✭✭Stheno


    Statutory is two weeks per year of service


  • Banned (with Prison Access) Posts: 2,030 ✭✭✭jezzer


    Stheno wrote: »
    Statutory is two weeks per year of service

    great thanks


  • Closed Accounts Posts: 3,601 ✭✭✭cerastes


    who pays it?
    Id always thought the company, but then I heard something about statutory entitlement being paid by the govt?
    Is there a minimum limit on the time you would have to be in employment?


  • Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,375 CMod ✭✭✭✭Nody


    Stheno wrote: »
    Statutory is two weeks per year of service
    +1 week to the total. So 2.5 years = 2.5 * 2 weeks + 1 week for a total of 6 weeks salary.
    cerastes wrote: »
    who pays it?
    Id always thought the company, but then I heard something about statutory entitlement being paid by the govt?
    Is there a minimum limit on the time you would have to be in employment?
    The company pays it; if the company is closing down and does not have the money the state will step in and pay it but the state only pays statutory redundancy (i.e. a company could offer 4 weeks per year but if it goes belly up it's only 2 weeks as per statutory requirements instead).


  • Banned (with Prison Access) Posts: 2,030 ✭✭✭jezzer


    Nody wrote: »
    +1 week to the total. So 2.5 years = 2.5 * 2 weeks + 1 week for a total of 6 weeks salary.

    The company pays it; if the company is closing down and does not have the money the state will step in and pay it but the state only pays statutory redundancy (i.e. a company could offer 4 weeks per year but if it goes belly up it's only 2 weeks as per statutory requirements instead).

    Thats great info much appreciated


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  • Registered Users, Registered Users 2 Posts: 68,317 ✭✭✭✭seamus


    If the entire branch is pulling out they are obliged to enter into a consultation period with the staff which is designed to both give staff an opportunity to save the jobs, but also give them time to process and discuss the terms of redundancy.

    This is your opportunity as a group to negotiate redundancy payments above the statutory minimum. If they're an international company pulling out of Ireland, chances are there are functions performed in Ireland which needs to be set up again elsewhere, so the redundancy package will need to be an attempt to purchase co-operation so the company can continue functioning.

    I've seen a company begin redundancy processes with an insulting compensation offer and lose 50% of the staff from the Irish office before the official redundancy notices even began serving. They then massively struggled to keep functioning because they hadn't even started hiring in the offices they were outsourcing the Irish jobs to.

    http://www.citizensinformation.ie/en/employment/unemployment_and_redundancy/redundancy/collective_redundancies.html


  • Banned (with Prison Access) Posts: 2,030 ✭✭✭jezzer


    seamus wrote: »
    If the entire branch is pulling out they are obliged to enter into a consultation period with the staff which is designed to both give staff an opportunity to save the jobs, but also give them time to process and discuss the terms of redundancy.

    This is your opportunity as a group to negotiate redundancy payments above the statutory minimum. If they're an international company pulling out of Ireland, chances are there are functions performed in Ireland which needs to be set up again elsewhere, so the redundancy package will need to be an attempt to purchase co-operation so the company can continue functioning.

    I've seen a company begin redundancy processes with an insulting compensation offer and lose 50% of the staff from the Irish office before the official redundancy notices even began serving. They then massively struggled to keep functioning because they hadn't even started hiring in the offices they were outsourcing the Irish jobs to.

    http://www.citizensinformation.ie/en/employment/unemployment_and_redundancy/redundancy/collective_redundancies.html


    thanks for the info, yes it looks like they will pull out of ireland and attempt to move the jobs here to consolidate in another office in europe but this is because the company is losing money so the whole thing could actually grind to a halt


  • Registered Users, Registered Users 2 Posts: 68,317 ✭✭✭✭seamus


    If they're pulling out of Ireland, the fate of the company is no longer really your problem. Secure your own future, take as much as you can get from them or just find a better offer and walk.

    You don't owe them loyalty.


  • Banned (with Prison Access) Posts: 2,030 ✭✭✭jezzer


    seamus wrote: »
    If they're pulling out of Ireland, the fate of the company is no longer really your problem. Secure your own future, take as much as you can get from them or just find a better offer and walk.

    You don't owe them loyalty.

    no quite true, but i dont necessarily want to walk and not get what i am entitled from them


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