Redundancy Questions

[mel13]

I have recently been advised that the company I work for is relocating out of the area and are offering redundancy or we can move with the company. I received my redundancy letter confirming the amount I would receive and a day later I was advised that the amount was incorrect I was given a revised letter and the amount was 50% less. Do I just have to accept the 2nd letter?

[ULA]

Have you worked for the company for more than 2 years?

Does you company just pay statutory redundancy pay or have they offered and enhanced package.

If you have worked for more than 2 years and you are being paid the statutory payment then you can confirm your calculation of what you are due here.

https://www.gov.uk/calculate-your-redundancy-pay

If you still have any questions then pop back and just ask us.

[mel13]

What they are offering is really good but the first letter was amazing! Basically they were using a spreadsheet and the formulas were incorrect so it
calculated the wrong figures.

Was just wondering if they had to honor the first letter?

[ULA]

What they have to do is honour at a minimum a statutory redundancy or a calculations which agrees with any enhanced package formula they have proposed and is applied accordingly. If the second calculation is in accordance with either of those then I think you may just have to accept probably human error when setting up the formulas in the spreadsheet.

I presume that other people who received the same first letter as you and calculated incorrectly will have received a second letter.