For those that don't know, statutory redundancy pay is capped at £571 per week (just changed from £544) and you are entitled to between 1/2 and 1.5 weeks pay for every year served with the company with a maximum of 20 years service and a top cap of around £17,000.
That sounds OK if you are an unskilled worker but for very well trained aircrew and engineers it is an insult. My 7 years with the company yielded just £5712. Uncapped I would have been looking at 3 times that.
Small potatoes in the big picture but some guys had been working for them for a long time and lost £20K compared to what they could have had.
Perhaps as a bunch of ex-mil guys we were a little naive in expecting the company to do the right thing rather than the cheap thing - especially when some of the SLT were also ex-mil - lesson learned.