Here at the Co-op, we know that sometimes colleagues leave us because of redundancy. We also know that many colleagues want to return to work here when vacancies become available. We want to do the right thing by our colleagues but we also need to make sure we follow HMRC rules about redundancy pay, so we’ve created a clear approach about what happens if you want to work for the Co-op after redundancy.
If you leave the Co-op because of redundancy, or through a Preference to Exit scheme, you won’t be able to work for us again during the time covered by your redundancy pay. So, this means if you got 12 weeks redundancy pay, you wouldn’t be able to work here again until the 13th week after your leaving date.
If you’ve been given pay in lieu of notice (PILON) as well, this is added onto the number of weeks that you aren’t able to return to work for us. So, if you got 12 weeks redundancy pay and 6 weeks PILON, then you wouldn’t be able to start working here again until the 19th week after your leaving date.
Just so it’s clear, you won’t be able to work for us in any type of role, either directly employed by us or working through an agency, another company or as self-employed, during the weeks covered by your redundancy pay.
Once you’ve reached the time that you’re able to return to work for us, you can apply for any new vacancies that have come up since you left. If you’re successful, then you’d join us as a new starter.
You may have been employed in more than one job with the Co-op and only been made redundant from one role. If this is the case, you can continue to work in your other Co-op jobs as usual, but the restrictions in this Policy will still apply if you want to start another new role within the Co-op.
Things to think about
The purpose of giving redundancy pay is to assist any colleagues who leave us due to redundancy as they may face a period of unemployment immediately after their employment with us ends. That’s why, if you want to come back to work here earlier than the period covered by your redundancy pay and PILON, you’ll need to repay the money for any time that’s left. So, if you got 26 weeks’ redundancy pay and you want to return after 16 weeks, then you’ll need to repay 10 weeks’ worth of the money you were paid.