Re: Company disclosed medical condition to my staff
Statutory redundancy is a very basic scheme. Surprising you don't have a company scheme. The other calculators are designed to "reel you in" - most of them belong to the sites of people who want a cut of the action. £17k is six months salary - a very good settlement agreement and therefore rarer. To get this amount you would have to be very good at negotiating, they would really want rid of you, and preferably you have something damning on them - which you don't. Three months salary is more realistic. But that doesn't mean you can't get more. You don't have any experienced back up here, and that doesn't help, so you need to "box clever". I would personally start with something outrageous, but not so outrageous they won't be prepared to talk. Nine months salary and a good reference (the reference has to be part of it - a good agreed reference is worth money in the bank). So that what you ask for - all trust and confidence has gone, you have done all these awful things to me, I believe a tribunal would favour a claim, I want £25k and a good reference. You are going to have to lie very convincingly about bringing a legal claim. With any luck they won't realise it's a bluff. Then you let them come back to you. If they come back to you. Remember this is a risk and there's that elephant - you can't unsay it even if you don't get it.
If they are willing to haggle, they will probably come back with something equally outrageous - possibly two months wages at about 5700. Don't be insulted - you just said an outrageous figure too. You don't haggle now. This is the point where you act outraged and simply say no. And walk away. Don't make a counter offer. Normally - and this isn't an exact science so all this is guesswork based on experience - they will then come back with a better figure. If you can get it to three months worth - £8500 - then you can start haggling. At that point it is down to the haggle. Don't forget that reference. And the payment should be tax free. Plus you want your legal fees for a solicitor covered - a settlement agreement must be advised on by a solicitor to be enforceable.
Just for information about the context, if you went to an employment tribunal and if you won - the median awards these days are only about £8k. So if you attempted to go to law, and if you won, you very easily might get no more than that. So every £ over that 3 months salary is a good win.
I hope you can play poker...
Originally posted by Jarj
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If they are willing to haggle, they will probably come back with something equally outrageous - possibly two months wages at about 5700. Don't be insulted - you just said an outrageous figure too. You don't haggle now. This is the point where you act outraged and simply say no. And walk away. Don't make a counter offer. Normally - and this isn't an exact science so all this is guesswork based on experience - they will then come back with a better figure. If you can get it to three months worth - £8500 - then you can start haggling. At that point it is down to the haggle. Don't forget that reference. And the payment should be tax free. Plus you want your legal fees for a solicitor covered - a settlement agreement must be advised on by a solicitor to be enforceable.
Just for information about the context, if you went to an employment tribunal and if you won - the median awards these days are only about £8k. So if you attempted to go to law, and if you won, you very easily might get no more than that. So every £ over that 3 months salary is a good win.
I hope you can play poker...
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