Before deciding, ask your employer for the proposed terms in writing, including consultation arrangements, selection criteria, notice, holiday pay and any redundancy payment. You may have statutory redundancy pay rights if you have at least two years’ continuous service, although your contract or a collective agreement might provide more. Check whether suitable alternative work is available and avoid resigning or signing a settlement agreement until you understand the effect on your rights and benefits. For advice on a settlement agreement or possible unfair selection, consider speaking to a solicitor regulated by the SRA or your trade union.