I've worked at my job for 8 years, we have had 4 CEOs in that time and each one had decided to restructe the business and put my whole department at risk of redundancy each time. I have had to re apply for my job and each time I got it back quickly.
The most recent one, the redundancy I am going through now have asked me to re apply for my job. However this time they have posted all the new structure jobs on the internal intranet and this time my current role is advertised at £10k more than I make now. I re apply and get offered the job immediately as I am the only one with extensive knowledge of our systems and support the sales, engineering, operations and system support teams, if I left they would spend 2+ years trying to train someone else.
The kicker is that when I had to interview again I asked when the pay rise will take effect. Will it be on acceptance and signature for the 'new' role or at the start of the next financial year. My Senior manager looked at me confused and told me I would be re hired on my current salary £10k less than advertised. I told them no and I will take redundancy.
They have panicked and asked me to stay with a 'one off signing bonus of £3.5k' which is also taxed so I would see c£1.8k of it take home. I said no and think I am worth at the minimum the base rate of the new role and a bigger bonus % than I am on now but would take the base rate and a bonus on revenue rather than KPIs that the rest of the senior members of my team are on as they have paid higher each year I have been there and flux rather than a fixed sliding scale (10%max if 120+% of KPIs reached. 7.5% OF 110% KPIs reached which is the max I have ever received and 5% at 100% KPIs 0% for anything under)
They are now trying so hard to persuade me to stay but won't give me the new base rate or bonus. I told them if they got someone else for the job they would be expected to get the advertised rate and I feel like the company doesn't care about me if they are trying to keep me on but pay me less then a person coming into the role with bare bones knowledge of my role.
Why is it companies try to screw you over. They say I am irreplaceable but won't show it in any monetary way and make me feel so undervalued. Thank god I am leaving. I'll take my 9 months redundancy pay (1 month base then after 5 years, 1 extra week next 4 year then 5 months with a month each year up to 12 months. Union did a great job on my T&Cs, Unionise people!) Go on holiday and maybe start my own business I have been saving up and writing business proposals for!
Edit: I should make it clear that each time my job title has changed and the 'responsibites' in my job description have changed however when I start the 'new' role nothing changes which is how they are allowed to make these redundancies legal.