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Redundancy and mortgages
I was recently made redundant we have enough savings to see us through the next seven months comfortably but I am wondering if I should contact my mortgage company 'just in case'. We are taking the opportunity to sell our house and move out of London where we will require a much smaller mortgage but I am concerned that…
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Redundancy Notice Period
Hi I wonder if anyone can help. I am being made redundant:(, but have another job lined up:j. I have a 3 month notice period, which my new employer is aware of. The consultation period has ended, with the decision to close the office delivered today (though we'd known for weeks). The sucker punch is that we have not been…
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Redundancy Notice Pay and JSA
Hi All, I was made redundant on Friday (9/1) and my contract was terminated immediately, therefore I am eligible to claim 1 weeks statutory notice pay (I was employed there for 1 year and 3 months). However , I have been offered a new job with a different company which starts next Monday (19/1). Am i still entitled to…
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Company Relocating
My company is relocating 23 miles away and laying on a mini bus for the workerts on our shift, someone mentioned that they had to change your contract and that you had to agree to the move or they had to offer redundancy, is this correct?
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Tax advise
Hi all, don't know if this is the correct place to post this, I have been informed I am to be made redundant this year after 36 years service, I am at the moment working my 12 weeks notice, this will finish on the 31st of March 2015. I currently pay 40% tax on my salary and company pension combined. 34,000 salary tax code…
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Sacked
Hi all . This may be the wrong section of the forum to post but here goes. My son was recently sacked for gross misconduct from his employment, with immediate effect and no notice given. The reason stated by his employer were that he'd been late on several occasions ( never previously given any official warnings about…
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Redundancy Insurance plans
Morning, Does any one know of a UK company (no win no fee) that deals with fighting on our behalf of income protection insurance plans sold (not PPI) but loss of income/redundancy plans . Was sold a policy in 2009 which has turned out to be not fit for purpose and quickly realised over the months that they had no intention…
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Redundency and COT3 agreements
Hi all, I'm new to this board and really need some advice. My boss has today told me that I am being made redundant. We have spoken about pay and dates etc and he has suggested that if I sign a COT3 agreement, my wages will be paid tax free at the end of the month. I have spoken to a couple of people who have told me not…
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What is the best option
if you are offered 15k in a redundancy or a job in new location with three hours travel everyday for the same salary. Which one would you prefer. Does employee have any rights to reject new offer without sacrificing redundancy money due to distance or personal reason
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Redundancy -delayed payment
Hi Can anyone clarify if a company is in their right to do this I was made redundant and my last day was 31st dec I have written confirmation that I am to be paid redundancy on 5th of jan ..this has not even been processed yet and no one even had the curtesy to call me to advise this has not been processed yet ...is this…
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Sick leave as a criterion
My workplace are restructuring so redundancy is in the air. From some research it seems that sick leave is almost always used as a criterion when selecting individuals to be made redundant. It seems like there are various scenarios for how employers actually use this criterion e.g.: 1. They score you on sick leave 2. They…
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Job loss due to poor performance
One of my colleagues has just been sacked due to poor performance. I believe that business is not great at the moment and that they're really clamping down on the "winning business" side of our job descriptions. I'm a bit unsettled about this as business development has never been one of my strong points - of course I'm…
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Contribution based JSA
I am going to be made redundant end of January. I will have a generous package after many years of service but understand that I am still eligible for contribution based JSA irrespective of the size of my redundancy pay. I have never claimed any benefit but am debating if I should apply for this as I am entitled to it…