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Redundancy & redundancy planning

Archives for July 2009

Appeal Meeting Decision
Hello How long do you think my wife should have to wait for a decision after an appeal meeting with her ex employer?
Urgent advice from anyone? - final payment!
Hi all, I was due to receive my final redundancy pay-off / last month's PILON payment today. I returned my company car yesterday to a former colleague, he sent email to Finance Director (I also sent one later confirming the drop off). Everything carried out as agreed in writing. Final payslip arrived yesterday, feel…
Now Totally Confused by redundancy/Benefits
Hi All...Have got totally confused...Want to take Voluntary Redundancy(the company will be gone wihin a year anyway)...this will give me 45,000 after tax due to time served etc...My aim was to Pay Off Creditcards and pay a Lump Sum off the Mortgage...but have been told that apart from £65 Job Seekers we wont get any other…
Redundancy/JSA/Children/UNI?
:confused: Hello Right, I am thinking of taking Voluntary Redundancy (a jump before push situation) and after paying lots of tax will prob be taking home around £45000....I want to use this to clear credit cards and pay a lump off the mortgage immediately...My Wife is in College for a year and I need to go to University to…
Sticky Situation - Self Employed / Contract worker
This may have been better placed in the financial planning section but it falls between here and there...... here goes.... On 26th September 08 I commenced work as a contractor - working for my own Ltd co. - so where I work pays an agency - the agency then pays my company - and I pay myself from that - On an 11 month…
Termination letter help
Hi I was made redundant yesterday and received my termination letter today which only mentions that my employment has been terminated and no reason - will this be enough for the JSA and housing benefit or does it have to state redundancy? I was only employed for just over 2 months so I presume they dont have to give a…
Tax on Redundancy Payment
Hi, I am being made redundant Sept 09 and will pay around £10K Tax on my Redundacy payment. I am 51 so cannot access my final salary pension until I am 55. Can I make an AVC (Additional Voluntary Contribution) into my Pension, or take out an ISA, for upto this amount. This way at least I get the money albeit in 4 years…
And they say lightening never strikes twice!
Made redundant in May, found new job, made redundant today - that rhymes :T Anyone else fancy joining me somewhere in a bar in the tropics - Im about to lose all faith I think :(
Redundancy help
Hey A friend of mine has just been made aware he is ‘at risk’ of being made redundant. The department he works in within the company is apparently not efficient as they had a merger several months ago and now have several people doing the same job. There is 8 staff and they have said there are 4 roles available. The job…
Mrs
Dear Martin - PLEASE PLEASE HELP!!!! The company i work for went into administration on 15th JUly 2009 and from the 1st April 2009 this year we were asked by our company if we would agree to short time on a temporary measure (4 day week instead of 5). We were told it would not affect our salary and we would be paid…
Possible Redundancy Help
Hi, Hopefully someone much more knowledgable than myself can help me with the following. The company I work for is up for sale, and we are told a deal is likely to be finalised in the coming weeks. If a competitor takes us over, it is likely that they will absorb our business into theirs and therefore not need the…
Not paid in 4 months and Company to be wound up...
Hi, I'm looking for a little advice. A family member is about to be made redundent as the company they work for is due to go under. The company is small with around 10 employees plus directors. They are a regular employee of the company, with a standard employee contract. The problem is that they have not been paid for the…
Work placement contract terminated!
Hello everyone. Just need some advice really, I have been working at a hotel full time as part of my degree course on a work placement. However, today I got handed a letter and had a "meeting" with my managers to say that my contract is going to be terminated on 2nd August. Two things: this letter I got today had…
Where do I stand?
Mid June I asked for voluntary redundancy. It hadn't been offered but 6 people had been made redundant since December so I thought it was worth a go. My U.S. boss was positive about the chat, and said that they would consider it. I then heard three days later through my UK boss that redundancy was not an issue for me as…
Protecting myself...
So I started a new job nearly 5 months ago at a large media company. The interview process was gruelling (around 5 interviews) and then the training lasted 4 weeks. My probationary period is for 6 months which the current employees think is a bit strange, but given the current economic climate it's not surprising. Before…
no notice to redundancy, company gone into liquidation but some staff kept
My oh has been made redundant today, he went into work as normal having no clue that they would tell him after working this morning that he was no longer needed, along with 7 other people. He has some forms to fill in (RP1) which i think are for statutory redundancy pay, but apart from that he has been left high and dry by…
redundency and job seekers
Hi My husband was made redundant at 61 he has taken his private pension of 75 pounds per week can he claim jsa contribution based I am 61 and receive state pension of 106 pounds per week. What savings are you allowed to have ans receive jsa ??? Thanks in advance
Dismissed as "unsuitable employee" after nearly 3 months
Someone I know has just been sacked as an "unsuitable employee". She worked for a company since May this year, and it was agreed they'd pay her May & June wages together at the end of June. June came and went, and no wages. She chased up the owner, he promised the 1st week in July....this came and went, no wages, then…
Question on statutory redundancy and poss new job..
Hi everyone, I hope that you don't mind me asking a question on here as I am more of a lurker than a poster! In April of this year myself along with 10 others got a termination of assignment. We were all contract staff through an agency all of us there for 8+ years in the same job and given until this Friday to finish the…
Twelve months sick completed.
July 2nd 08 I had a bad accident at work resulting in my being absent for the past 12 months. During that time my company offered me 6 months full pay and 6 months half pay, I received what appears to be my final monthly pay slip which totaled up to just £135 to last for the next month. I also receive £64 per week…

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Redundancy & redundancy planning

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