Seeking some advice:
I have been employed with a company for 2.5 years. The first 1.5 years were great, gaining growth in my role and ticking along fine.
The past 12 months have been strained due to some leadership changes.
The CEO told me today that it's "no longer working" and I will be "transitioned out of the business".
There is no redundancy being offered, as there are other roles within the company I could easily fill.
He said that he would come back to me in a few days with the details of how he sees this exit happening.
What rights do I have, and what kind of payout is reasonable?
(Note, as not redundancy, will be fully taxed)
I have been employed with a company for 2.5 years. The first 1.5 years were great, gaining growth in my role and ticking along fine.
The past 12 months have been strained due to some leadership changes.
The CEO told me today that it's "no longer working" and I will be "transitioned out of the business".
There is no redundancy being offered, as there are other roles within the company I could easily fill.
He said that he would come back to me in a few days with the details of how he sees this exit happening.
What rights do I have, and what kind of payout is reasonable?
(Note, as not redundancy, will be fully taxed)