Voluntary redundancy can you claim benefits

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Equality and Diversity. Flexible Working. Mental Health. Recruiting Talent. Remote Working. Login Free Trial. Free trial. Back HR Software. Back HR Software Overview. Back Partners Partner Programme Overview. Back About Us Our Story. Back Resources Resources Hub. Back Topics All Articles. Language GB. Voluntary redundancy: pros and cons 3 min read 15 February, By Melissa Jones. Pros of voluntary redundancy There are many benefits to your company of offering voluntary redundancy: Cost savings By far the biggest advantage of offering voluntary redundancy — and even compulsory redundancy — is to save costs.

Avoiding compulsory redundancies Voluntary redundancy is a way of preventing having to make compulsory redundancies. More positive for morale Offering voluntary redundancy is viewed as a more positive move from an employer than simply enforcing redundancy onto staff. Higher costs The staff with most to gain financially are often the ones that choose to go. Risk of discrimination claims When employees put themselves forward and are then either chosen or not for redundancy, there is a risk that you might be open to claims of discrimination.

Negative effect on those not selected If you offer voluntary redundancy, you may end up with more volunteers than you had anticipated. Which is the right choice? Hide Comments 0. You might also like. Money troubles All Money troubles guidance. Tool Debt advice locator. Money Navigator. Auto enrolment Introduction, how it works, all about contributions. Building your retirement pot How much do you need, ways to build your pot, transferring and merging. Pension problems Complaints, financial help when retired, changes to schemes.

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Calculator Redundancy pay calculator. Home Work Losing your job. Losing your job. Voluntary redundancy. Added link to guidance about being made redundant while on furlough. Updated the guidance and added information about what benefits you could get, how to get help claiming, help with managing debts and using the Jobcentre Plus Rapid Response Service.

Removed some sign posting links as these are included through the external links still featured in the guide. Added Reed to the list of 'other job search websites'. Added 2 videos about the advice and support that Jobcentre Plus and partners can provide for employees and employers.

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Top links Find your local Citizens Advice Volunteer with us Jobs in our network Press releases Our blogs Read what we're saying about a range of issues. England This advice applies to England: England home Advice can vary depending on where you live. Choosing voluntary redundancy This advice applies to England Print. Your employer might ask if anyone wants to take voluntary redundancy. Check the redundancy offer Ask your employer what the redundancy package will be. Claiming benefits You might be able to claim benefits like Universal Credit after taking voluntary redundancy - check what benefits you might be entitled to.

If you have a mortgage protection policy You should check your mortgage protection policy to see what it says about voluntary redundancy.