Mark, have you checked your contract for what your specific redundancy terms are in there. Your new employer might operate a statutory redundancy scheme, doubled as an incentive for you to leave, but if your original contract stated that you were eligible to a month's salary per year then make sure you're not missing out. I took voluntary redundancy (VR) from a firm I worked at a few years ago (It was Fujitsu Services, I don't mind saying who it was, they dealt with the situation properly) and they offered double your contracted rate if you took VR. This was to incentivise people to go of their own free will before they had to make people redundant out of necessity. I didn't get much as I'd only been there 2 years however I had secured another job just prior to the redundancy announcement and I was about to hand my notice in anyway, so the £5K I got was a bonus really! Some people who probably wouldn't have lost their jobs had to take VR because they received a helluva sum. One lady who'd been there 20 years was on a month per year contract (doubled for VR) and received over £80K, my boss who had been there 16 years received £130K!!!! (although I have since heard that he is on his third wife in 6 years, has blown all his money and is now driving HGVs across Europe )