Redundancy

[martinward5]

I have just been told that the Restaurant I work at has been sold and will close in two weeks. I will have a choice of voluntary redundancy or they,ll try to place me in another restaurant within the chain. Please can you give me your views on statutory notice/Payment.I have been with the company for 8 years. Thank you.

[fiction-factory]

If it is just statutory redundancy pay (and it probably is for a small employer) then there is a calculator here
https://www.gov.uk/calculate-your-redundancy-pay

[Old_Geezer]

I suspect that it depends on the terms offered and the ease at which you could walk into another job.

[Peter Pedant]

so far they are doing it by the book

I think the pay off is something like a week pay for every year worked

I would stick with them if other joobs are hard to come by

[thugulike]

Has the business been sold? If it has there should be a TUPE transfer for all staff

[tonyav]

They should give you 8 weeks notice of redundancy, or pay you in lew of notice.
https://www.gov.uk/staff-redundant/giving-staff-notice