I see it all the time, it’s a story that repeats itself – particularly for senior candidates. It’s a sad story and one that can lead to a person really questioning and doubting themselves.
When being made redundant, an employee normally receives a redundancy payment linked to their tenure. That amount can be quite substantial if the employee has been employed for a long time. I often meet candidates who have received a payout equivalent to 3 to 4 months wage.