Ask Law Lenz: What Are My Voluntary Redundancy Rights?

With recent government announcements aiming to cut costs by 1.5 billion dollars, many New Zealand public sector agencies are facing the possibility of redundancies. This has led to a rise in voluntary redundancies being offered to employees. But what exactly are voluntary redundancies, and what rights do you have as an employee in this situation? In this “Ask Law Lenz” segment, join Sanam as she offers invaluable insights and answers a listener’s questions surrounding voluntary redundancy. Specifically, this episode tackles three key questions: What benefits and rights do employees have in a voluntary redundancy? How does a voluntary redundancy severance package work? Does my employer have any obligation to offer me additional benefits? Drawing examples from recent announcements and public sector changes, Sanam takes a deep dive into how these redundancies impacts both employers and employees. This episode covers: What voluntary redundancy is and how it works The process for voluntary redundancy How to decide whether to take voluntary redundancy Knowing if an employer should offer voluntary redundancies What severance packages typically look like in voluntary redundancy situations Throughout the episode, Sanam provides practical information for employees considering voluntary redundancy and employers navigating workforce restructuring. With an eye on legalities and practical considerations, Law Lenz equips you with essential knowledge to navigate this challenging environment. Subscribe to the Law Lenz Newsletter! CLICK HERE and secure your spot TODAY! Subscribe and follow Law Lenz for your regular legal fix! Follow Sanam on LinkedIn for key employment law insights. Got questions like today? Send them our way, and we will feature them in our next episode. Email your queries to [email protected]. Resources: Workplace Change Selection Process - Employment New Zealand Voluntary Redundancy - LegalVision New Zealand Public Service Job Cuts: What Ministries Are Proposing - Stuff MSD Cuts 200 Staff Through Voluntary Redundancies - The Press Disclaimer: The content presented in this episode is for informational purposes only and should not be considered as legal advice. The host does not assume any liability for actions taken based on the content of this podcast. While the host is a lawyer, they are not your lawyer and the information provided is based on general legal information. This podcast does not create a solicitor-client relationship.While we strive to keep the information accurate and up-to-date as at the date of each episode, laws and regulations may change, and the content of this podcast may not reflect the most current legal standards or interpretations. Listeners are encouraged to consult with a qualified New Zealand legal professional for advice tailored to their specific situation.