M&S has announced 500 roles are at risk of redundancy after announcing plans to close 8 stores.
Redundancies are expected to affect staff in Yorkshire and Greater Manchester as stores earmarked for closure are Keighley, Bridlington, Denton, and Stockport.
The closures come as part of a major re-structure announced in November 2016.
It remains a possibility that further stores may be closed in future and that re-structures may take place within other existing stores.
The announcement has understandably had an unsettling effect on employees of M&S as some are now left with an uncertain future at the company.
If you are an employee of M&S affected by this announcement or if you are an employee faced with the threat of redundancy it is crucial that you understand your legal position and the options available to you.
You should be aware of your entitlements, including notice pay and statutory redundancy pay; which should be stated in your written contract of employment. If you are unsure you should obtain the relevant documentation detailing your entitlements in such situations and the correct company procedures. The company may also have a contractual redundancy policy entitling you to enhanced payments.
In cases like this, where the company proposes to consult around 500 employees, collective consultation applies.
Your employer has a series of set processes that it must adhere to. They are bound by law to follow these procedures including regarding fair selection and consultation.
Understanding your legal position and options at an early stage may give you scope to protect your position at work or to negotiate an increased redundancy package.
Farleys Solicitors LLP specialise in all areas of HR and employment law for all levels of employees.
If you require advice and assistance in relation to compulsory or voluntary redundancies; re-structures and re-organisations; variation of employment contracts; settlement (compromise) agreements and termination / severance packages, please contact Farleys Employment Law & HR team on 0845 287 0939 or contact us online.