The dreaded redundancy's are hitting at our place and i was wondering about payments.
The company will only pay the minimum as there is no scheme or anything written into our contracts.
We know that we will get redundancy payments at £380 x (in my case) 7 years as we've worked them out.
What we arent sure on is if we are entitled to 'notice', and if yes, how this is calculated. Someone has suggested you get your basic wage x 12 weeks notice(which they can make you work if they so wish)
Anyone know if they have to give you 'notice' by law ontop of your redundancy entitlement?
yes they have to give you a weeks notice for every year you have been there ,they can either make you work it or finish you at once in which case they must pay you 13wks in lieu of notice
yes they have to give you a weeks notice for every year you have been there ,they can either make you work it or finish you at once in which case they must pay you 13wks in lieu of notice
Your contract of employment will show what 'period of notice' you work under. Assume its 1 month. Therefore you are entitled to 1 months pay when made redundant. You are also entitled to any holiday pay for outstanding holiday not yet 'used up'
Your contract of employment will show what 'period of notice' you work under. Assume its 1 month. Therefore you are entitled to 1 months pay when made redundant. You are also entitled to any holiday pay for outstanding holiday not yet 'used up'
they have some good worked examples about half way down.
after the 90 day consultation period, see,http://www.berr.gov.uk/whatwedo/employment/employment-legislation/employment-guidance/page13852.html#What_does_the_consultation_processthey have some good worked examples about half way down.
You seem clued up on the subject. Are you saying they dont have to give you any notice then? Someone suggested today that it says 1 week in our contract of employments but others are saying that the law dictates that we are entitled to more than that as a minimum. ????
FactsYou seem clued up on the subject. Are you saying they dont have to give you any notice then? Someone suggested today that it says 1 week in our contract of employments but others are saying that the law dictates that we are entitled to more than
Redundancy pay of 1 weeks pay, (basic), for each full year of service
+
Notice. Your contract probably says 1 months notice to terminate, however your statutory rights under redundancy allow you a 90 day consultation period. So in effect your on 13 weeks notice.
Now, if you decide to challenge the redundancy this will be within the notice period of 90 days. Many employers will allow you to leave instantly and thus receive the extra 13 weeks pay without working. If you do this you immediately lose any right of challenging your redundancy.
This next bit I am unsure of as I have heard it both ways so do check it out. If you walk with the 13 weeks notice it is tax free, but you are unable to claim any unemployment benefit during this period. If you work it you are taxed accordingly.
As stated above holiday pay is paid additionally. So if you have holidays booked you may want to unbook them if your going to leave during notice.
Good luck.
As I recall you getRedundancy pay of 1 weeks pay, (basic), for each full year of service+Notice. Your contract probably says 1 months notice to terminate, however your statutory rights under redundancy allow you a 90 day consultation period. So in
there is a cap on the weeks statutory redundancy pay value
if you earn over the 'cap'- it used to be £240 per week from memory- then thats all you get
its been a few years - so i dont know the current weeks limit
there is a cap on the weeks statutory redundancy pay valueif you earn over the 'cap'- it used to be £240 per week from memory- then thats all you getits been a few years - so i dont know the current weeks limit
the employer can pay above the cap if he so wishes. I am sure it has moved upwards from £240 nowadays.
Time to find out if your liked or not when redundancy comes around. lol
the employer can pay above the cap if he so wishes. I am sure it has moved upwards from £240 nowadays.Time to find out if your liked or not when redundancy comes around. lol
Just wanted to check that we will get redundancy + notice if the axe falls. Sounds like we will from what most say.
Oh, and the cap has recentlry risen to £380
thanks for the input guys, much appreciatted.Just wanted to check that we will get redundancy + notice if the axe falls. Sounds like we will from what most say.Oh, and the cap has recentlry risen to £380
Just been reading our contract of employment. It says the amount of notice we are entitled to is 1 week. To me this now seems like we will be entitled to one week and that is it.
It looks like its been inserted into the employment contract. Does this mean we have now waved our rights to further notic payments or can we still claim them as a minimum under law?
Ok,Just been reading our contract of employment. It says the amount of notice we are entitled to is 1 week. To me this now seems like we will be entitled to one week and that is it. It looks like its been inserted into the employment contract. Does t
the statutory minimum is one week per year up to a max of 12 weeks.
From the link I posted earlier
"the minimum statutory notice period for an employee with at least 12 years continuous employment is 12 weeks (84 days)."
the statutory minimum is one week per year up to a max of 12 weeks.From the link I posted earlier"the minimum statutory notice period for an employee with at least 12 years continuous employment is 12 weeks (84 days)."
yes but in our contracts it looks like we have agree'd to a notice period of 1 week.
see
http://www.compactlaw.co.uk/monster/empf16.html
at the bottom of the paragraph. All looks legal too like we've waved our rights to the minimum.
yes but in our contracts it looks like we have agree'd to a notice period of 1 week.seehttp://www.compactlaw.co.uk/monster/empf16.htmlat the bottom of the paragraph. All looks legal too like we've waved our rights to the minimum.
No, what that refers to is voluntary redundancy or when an employee decides that it would be in his interest.
"This timetable can be shortened where an employee might have decided to leave early or take voluntary redundancy. For example, employment can be terminated before the end of the statutory or contractual notice period where an employee has agreed to take a payment in lieu of notice"
No, what that refers to is voluntary redundancy or when an employee decides that it would be in his interest."This timetable can be shortened where an employee might have decided to leave early or take voluntary redundancy. For example, employment ca