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Redundancy & redundancy planning

Archives for July 2019

"Too expensive to get rid of"
I've heard multiple times when redundancies happen that someone is too expensive to get rid of, they are often comments about members of staff who have 10-20+ years experience. Is this because they have to pay 1 week redundancy for every year they have worked? Isn't there an upper limit to this amount anyway? Never…
Age redundancy?
Asking out of curiosity as some people at work are at risk of redundancy, I am not but started to wonder, now you cannot be made to retire what happens if you are in receipt of State Pension, can you still get a redundancy payment or if you are a few months away from State Pension can you get redundancy payment? I am also…
Redundancy and how to reduce payments to creditors for 6 months
Hi, I am about to be made redundant and i have large debts, i barley have £200 a month to live on. I would like to reduce my payments short term so 6 months and then review my situation again, is it best to approach my creditors and ask if they will review my situation and offer token payments or get involved with a debt…
Ex Employer wont pay redundancy
Hello I was made redundant in Dec 2018 . For 3 months prior to being made redundant i was not paid by my employer along wiith another work mate since the end of september and was relying on savings to get by. My employer reasured us we would get paid but it never happened and at the start of dec we were both stood down and…
Redundancy Payments Service
I’m hoping someone in the know can help. I have been since last week in vain, yesterday and today (no kidding) to speak to someone on the redundancy payments helpline. There is only one number but it’s constantly been engaged no matter what time of day I ring. I am having much trouble trying to fill in the redundancy form…
Pilon and notice pay
Hello, I’m wondering if anyone can help. I had my first consultation today for redundancy. We are being given pilon and I thought that the notice period (I have worked for the company for 11 years and 10 months) would take me to 12 years service - the figures I have been given today are for 11 years service so 11 weeks…
Compensation for loss of Notice
Hi, I am hoping someone might be able to help me make sense of this. I was made redundant without warning several weeks ago. I had been at the company for over 2 years. I had to make a claim to The Insolvency Service for the following: - Arrears of Pay Owed - Holiday Pay - Redundancy Pay - Compensation for loss of Notice…
Company Shares
Whilst working with the company they emailed me, as they did everyone in the company a number of shares in the company. Just after the probation period ended for me the CEO decided that the remote office, with the test and support functions, was inefficient and closed the office, laying off everyone in that office. This…
Early Leavers package from BT
Hi, I am due to leave BT after many years service in a middle management position and need to think about requesting the lump sum and starting to draw my pension. My lump sum will be in excess of £170k. My pension will be approx. £22k per year. I will also be getting a paid part time role earning approx £12k per year. The…
Possible Redundancy
Looking for advice please. My role has been put at risk which means if made redundant I have only been with the company under 2 year so won't be eligible for any redundancy. I also have a car under PCP which was being paid for via a company car allowance. My question is if made redundant I won''t be able to afford the car…
Staff payments recalled by liquidators
Dear All - I'm looking for some advice. Worked for company that as far as I was aware was going thru a tough time, but all staff were working (approx 15) and being paid upto when a winding up order was issued and the liquidators being appointed back in May '16. All staff left and went on there way to new jobs etc I believe…
Unemployment Insurance + Self Employment
Hi Not sure if this is the right forum. I have just been made redundant and am considering my future options. I have unemployment insurance that has a 60 day wait after end of notice period (so won't kick in until end of Sept). I am considering whether to look at going SE but not sure whether whilst there would be no…
Can anyone help me get redundancy? :)
Hello, probably an odd one for you guys, but I was wondering if anyone could help me. I do have another account, but it's in my real name so I've made another to ensure anonymity. I thought I'd post this here as I cant seem to find any threads like it and hopefully it may even be useful to someone that is in my position in…
Voluntary redundancy vs Investigation
A friend of mine was recently accused of having an inappropriate relationship with a senior female colleague which resulted in his quick promotion over the 12 years in the organisation. He is gay and is adamant such a thing never happened however in a meeting today, that was questioned and the new boss has told him because…
Redundancy - Tax Questions for PILON
So, I've been made redundant and am finishing in September. My redundancy package is split into two pots payed to me in October - the first being my redundancy pay, the rest being my PILON (Payment in lieu of notice, and holiday pay, confidentiality payments etc) I understand that the first lot (redundancy pay) will be tax…
Have they threw their redundancy away
Hi looking for some advice for a friend . My friends worked for a company from home 3 days a week, only 18 hrs a week for just over 2 years, last week (Tues I think) they got a call from the manager saying their dept was being taken away and the whole team would be let go. My friend straight away went job hunting and asked…
PILON - Holiday Question
Although I do not have my exact date of redundancy I believe it will be on November 4th 2019, we will be asked to come in and made officially redundant then. I've been told that we will lose 4 days holiday entitlement ( 2 days in November and 2 days in December), from what I've read we should also get our holiday…
Employed by previous employers
Hi My company are going into voluntary liquidation and I have to claim my redundancy from the government. They are starting a new company under a new name and have asked if I would work for them how would I fair with regards to redundancy I am claiming and would I have to pay it back from the previous employment I am a bit…
Company being sold - redundancy rumours etc
Hi all, We were recently advised that the company I work for is being sold. As it is in the public domain anyway I could post the link to the announcement, but not sure if it's necessary... Were are one of a group of companies, our current owner is selling the whole of the UK section of the business. Currently waiting for…

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Redundancy & redundancy planning

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