redundant

18 nearly identical definitions of the same stupid, not all that funny word -- teabag.

God, I don't remember being so easily amused when I was 15...

by cranky old man February 13, 2004

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Redundancy

A complete and utter result where you get to leave your mundane job behind and 'focus on your career' (that's find another McJob to normal people) with the added bonus of a payout not to do the job you hate any more.

Officially, there's a selection pool but it'll generally be determined by how pissed off your manager is with you when 'efficiency savings' (that's lay offs to us normal people) need to be made.

The best modern use of the phrase 'crying all the way to the bank'.

Employee is called into a room:

Manager: Profits have fallen and we need to make some efficiency savings. Unfortunately (this is shit, your boss doesnt give a fuck about you) your post has been selected for redundancy.

Employee: Oh no. This is terrible news.

Will you pay my notice in lieu?

Manager: Yes

Employee: What's the payout?

Manager: A month for every year of service. You'll get £20,000 tax free.

________________________________________________

Employee finds another job and has a pile of cash in their account.

by HR_Advisory January 14, 2012

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