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redundancy mortgage help
hi all i have been reading through about getting help with mortgage payments and have just got myself more confused. my situation i am married my wife is working £16000 pa i was made redundant 5 months ago we have no savings we own our own home i am recieving contribution job seekers allowance no payment protection on…
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couple of redundancy queries
Hi couple of quick queries about redundancy regs. Ive been in my job 10 years and been told My role is likely to become redundant and offered voluntary redundancy. obviously Im not going to accept this as it voids ASU and card cover policies. assuming next stage is compulsary redundancy Ive read through what i can find…
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Redundency and employment law clarification
Hi guys, My mother has today been told that their company are making cutbacks and have blamed the reason solely on a huge amount of money that have had to write off due to a system error. In general, a certain class of product was sold and payment taken, but a better product was received. The memo clearly states that they…
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Help with redundancy
Hi, I have been going throught the consultation period at work, and someone told me today to take a redundany policy out. IS this still ok and would it pay out , if i was made redundant at the end of September? Any help would be appreciated Many Thanks
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Redundancy
Hi everyone, Just looking for a bit of friendly advice from anyone who has been in the same situation. I currently work full time and so does my partner. He phoned me yesterday to give me the news that his work is closing and he is going to be made redundant. The situation is we have only just moved into our first flat…
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Voluntary redundancy and trying for baby!
Cross posted on jobseeking but no replies so thought I'd try here! I am after some advice but this is quite a long post so please bear with me. We are in the process of trying to get pregnant with our second child. It took me 18 months for us to fall pregnant with our son as my cycles are really irregular. Last one was…
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Temp Lay off
I am new to this site and looking for advice. My husband started a job on 23rd Jan 09 he was "temporary" laid off on 23rd april and as of today still is. He has been told by the director of the company he can be laid off for upto 6 months but he was not issued with a contract stating this. He has been told by ACAS that he…
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Redundancy, housing benefit and savings
Hi I was recently made redundant and the amount I'm likely to receive seems to put me on the borderline as to whether I'm entitled to receive Housing Benefit so I'd like your advice. Here's my financial summary: * I'm likely, depending on tax, to get a final pay-off of £19k - £22k (gross is £30k) * I am currently overdrawn…
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Redundancy payment on contract question
Hi All There is a high chance the missus is going to be made redundant after the company she works for was taken over. Now, shes been with this company 14 years and she swears that on her original contract it set the terms of redundancy and she rekons, based on others who started around the same time as her, it says a…
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Redundancy & overdrafts
I have been trying to whittle down my credit card debt since the 'credit crunch' started. Previously I had fallen into the minimum payment trap, thought my job is safe. When I used the additional payment tool on MSE main site I saw that I could clear my card debt in 3 yrs. So I stopped spending on cards paid more than…
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reclaiming benefits post-redundancy?
18 months ago I was made redundant from a government department, DTI. I was told that I could not claim job seekers allowance or housing benefit by my employer. However I have recently subsequently learnt that I would have been entitled to this as my redundancy payout was less than the £16k threshold. The majority made…
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Redundancy Query
Hi All I have just been given my redundancy notice and need some advice. I was tuped about 18 months ago to this company so i have a continuation of service so i am getting my redundancy on 25 yrs and the enhanced figure is quite good. Due to the length of service i and a couple of my collegues have been given 12 weeks…
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due to go on maternity/possible redundency
Hi, Im due to go on maternity leave at the end of august and on wednsday my company announced that they have lost a big contract (mine) and because of this they may be possible redundancys - i recieved a letter yesterday stating that they will be starting the consultation process and as far as im aware there selecting…