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ANGEL | If the company i work for goes under will i get redundancy? |
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jacs
 |
very unlikely especially if it goes into liquidation |
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sunflora
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Firstly it depends how long you have worked for the company... 2 years + and Yes you will be entitled to payment, although this won't be paid by the company but by the government. You will be given a form to make a claim for any holiday payment you are entitled to and also redundancy payment... Have a look here... http://www.citizensinformation.ie/categories/employment/unemployment-and-redundancy/redundancy/redundancy-payments |
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Paul
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Your entitlement to redundancy will depend on your final salary, age and length of service.
You can calculate how much you are entitled to here:-
http://www.direct.gov.uk/en/Diol1/DoItOnline/DG_4017972
If the company is able to pay then it's is legally obliged to. If the company is insolvent the government may pay all or make up any difference to the statutory minimum. |
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ukok
 |
No but the government will give you redundancy pay in these circumstances (at least they did years ago when this happened to me) the company i worked for went bust, and i put in a claim with the dss, got a nice cheque some while later, albeit they pay a something like 15p in the £1 that you would have got. |
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Pauline
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You're likely to be entitled to it, but if there's no funds in the company you will not receive payment. |
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CLIVE H
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Very unlikely. Redundancy applies to those workers who are no longer required by their employer/company and who must go. To ease the situation, the UK.gov came up with the redundancy plan back in the 1960s. If you are made redundant, you should expect to receive a maximum of one months pay for each year of service.
You'll need to check all of this out because I'm not one hundred percent sure about it. I was made redundant in c1991 and got 23 months pay - a package which was most generous and not one which a company is forced to give. It could be a lot less in most cases.
These next links should help, but remember, if your firm goes under [bust] this is not how you get made redundant.
Redundancy Guidance - April 2005
redundancy payment. Visit them at. www.insolvency.gov.uk or on. 0845 145 004 ...
This may be part of a redundancy package, which can include payments ...
http://www.hmrc.gov.uk/guidance/redundancy-factsheet.pdf - Cached
Redundancy ? Redundancy ! Redundancy Help
Facing redundancy, for whatever reason, means many things to consider...redundancy
package, UK job sites career ... money ... your redundancy legal rights ...
http://www.redundancyhelp.co.uk/GW_Redundancy.htm - Cached
Redundancy Help
Redundancy help - Free independent advice on Redundancy including Redundancy ...
on redundancy payments and on other items included in a redundancy package. ...
http://www.redundancyhelp.co.uk/PubIr.htm - Cached
Redundancy Q&A
We also understand that some people have been put on statutory minimum redundancy
packages - which is a real set-back. The scheme that applies to you is ...
http://www.ourunion.org.uk/icl/redundancyFAQ.htm - Cached
CIPD - Redundancy
Available at: http://www.acas.org.uk INCOMES DATA SERVICES. (2007) Managing
redundancy and guide to suppliers. HR tudies plus. London: IDS. ...
http://www.cipd.co.uk/subjects/emplaw/redundancy/redundancy.htm
I'm now retired but work part time for my last employer at a cleaning company. Every little helps etc.... |
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Marie C
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if they go under then it means they can't afford to pay so i would say no to redundancy |
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Mark J
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No you get shafted Its happend to my bro 3 times |
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Jellybean
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Not if you are in the UK. |
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