apologies if this has been brought up already, but I have just been told I am on an "at risk" list for a round of upcoming redundancies
been with the company just shy of 20yrs and I think a change is probably for the best. I shouldnt have much trouble getting a job in my field of work, however I may not get the same salary, but I'm up for the new challenge so I am going to apply for volountary and I dont think it will be refused
I had a quick look at online and trying to work out the figures
Statuatory part seems straight forward enough....€600 times (19.5 x2) + €600=€24k approx
The ex gratia is where I need some help. Does the average salary amount over the 3yrs include the likes of overtime/bonuses? its 4weeks per full yr service
Is this 4 weeks worked out on just the basic salary over the last 3yrs on an average or is it your final salary?
Just looking for some guidance as another employee recently went through it and they are still not 100% clear on what or how the final payment was calculated so I would like to be armed with as much info as possible in advance
been with the company just shy of 20yrs and I think a change is probably for the best. I shouldnt have much trouble getting a job in my field of work, however I may not get the same salary, but I'm up for the new challenge so I am going to apply for volountary and I dont think it will be refused
I had a quick look at online and trying to work out the figures
Statuatory part seems straight forward enough....€600 times (19.5 x2) + €600=€24k approx
The ex gratia is where I need some help. Does the average salary amount over the 3yrs include the likes of overtime/bonuses? its 4weeks per full yr service
Is this 4 weeks worked out on just the basic salary over the last 3yrs on an average or is it your final salary?
Just looking for some guidance as another employee recently went through it and they are still not 100% clear on what or how the final payment was calculated so I would like to be armed with as much info as possible in advance