Quote:
Originally Posted by losixxx
from people i've spoken too the consultation periods are mainly in place so the companys don't look complete barstwards and make you go there and then!
still its not over until you get the dreaded meeting, good luck m8
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As I understand it these 90 say consultation periods were put in place by the government (as guidelines, don't believe its a legal requirement) to protect them first, the companies 2nd then you 3rd!!!
90 days notice of a potential reduncancy gives;
1) time for people to look for alternative work so hopefully move into a new job very soon after the 90 days ..... limits the time your not paying tax and /or the time your claiming benefits ... gov' win!
2) makes people who feel they may be affected more likely to try and find an alternative job and leave before the 90 days ... gov' win as in 1), company wins as if you leave before the redundencies they don't have to pay you a penny.
3) lets you know that you might be in need of changing your financial situation / look for another job so that you might not suffer too badly.
The whole situation is a royal PITA, I sympathise with everybody affected.
My company have / are doing everything they can do to avoid making compulsary redundencies thankfully but that hurts in other ways such as reduced pay etc.
A job is better than no job even if it means you can't afford to pay your way 100%
Hopefully we are at or at least near to the bottom of the decline, that's what most of the 'market analysists' are claiming anyway.