Dear all,
My company is offering voluntary redundancy packages to all employees throughout Europe. After that, no one knows what will happen. Everyone is tight-lipped but I am sure that they will start laying people off if they don’t have enough takers. I am considering taking the voluntary scheme as my department might be one that is on the chopping block (marketing) and the payoff is actually quite nice. There’s of course, one catch. Your boss/department can deny you the package scheme if (I suppose) they consider your role too important to lose. However, my real fear is that what if I choose to take voluntary redundancy and my request is denied, but then a few months later they do try to lay me off later this year? For how long am I protected until I can say I tried to sign on to the voluntary redundancy scheme? I don't want to be fired with just a lousy one month's pay if I can get a much better package now (and a head start in the market hiring season of September).
Also – has anyone take their company up on this scheme? Any snags I should be aware of (other than a going straight in to a bad economy?)
Thanks everyone!
Tulip