I work for a small marketing company. In recent years, it has "spun off" a new company.
We, the employees, have now been told that the old company is to be wound up. I have been offered a job in the new company at a small raise, doing slightly different work. I have declined this offer, as the new company's direction is taking it away from the work I want to do and am good at. I can get a job elsewhere without much difficulty.
My boss is telling me that since I was offered a job in the new company, and since both companies are under the same ownership, I will be deemed to have resigned at the time of refusal of the offer, and will not receive redundancy payment.
Is this correct?
Since I have been in the old company for 7 years, the redundancy payment would be substantial.
We, the employees, have now been told that the old company is to be wound up. I have been offered a job in the new company at a small raise, doing slightly different work. I have declined this offer, as the new company's direction is taking it away from the work I want to do and am good at. I can get a job elsewhere without much difficulty.
My boss is telling me that since I was offered a job in the new company, and since both companies are under the same ownership, I will be deemed to have resigned at the time of refusal of the offer, and will not receive redundancy payment.
Is this correct?
Since I have been in the old company for 7 years, the redundancy payment would be substantial.