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Redundancy & redundancy planning
Archives for April 2020
Discussion List
Dixon's Carphone
My son made redundant after feb 28th and dixon's carphone won't furlough him or any of his colleagues 🤬 Shame on you Dixon's
Redundancy settlement agreement and Share Incentive Plan shares
If, during a redundancy, there's no enhanced redundancy pay (and no other enhancements) can an employer slap you with a settlement agreement due to retaining free shares through their Share Incentive Plan? BB
Looming furlough or redundancy advice needed...
Hello It seems as if I was living under the rock (figuratively) that I did not know about this marvellous website. I have just created an account and looking for help please My work situation is that I have been told that this Friday morning by my employer that my job is no longer needed for the rest of 2020 (minimum) and…
Redundancy pay if company goes bust!?
I'm on 2 months Garden leave after being made redundant. I have to wait for two monthly salaries the last of which gets paid on 27th May. The problem is I suspect the company will go bust before I get paid, and I suspect the CEO is winding things down and trying to recover as much money as he can from accounts receivables…
Furlough 'offered' after relocation redundancy
Made redundant from a large organisation due to company relocation on the 6th March and my redundancy payment and payment in lieu of notice paid on 25th March. The company has contacted me yesterday (2nd April) to ask if I wanted to be put on furlough. Don't know why they have 'offered' this as I wasn't made redundant due…
Notice pay deductions
Can I ask that if you are entitled to say twelve weeks notice pay and start a new job straight away would this affect what you should be owed? If you look on the government website all it states is any deductions from your notice pay would be from benefits that you have claimed or could have claimed during the notice…
Tax on redundancy package
Ok so colleague is happy to leave with big package to retire Early and is delighted taper allowance is moved to higher level (so no longer a problem of pension contribution limitation). so to reduce tax on the severance pot, part is put in pension to 40k (and first 30k redundancy cash "is tax free) - but lots of tax still…
Furlough ...
Hi I was hired a couple of months ago on a staff contract with 6 months probation. I started working on a project and was continuously working on it before another longer serving employee was put on it and i was sidelined. then i received a call and a letter that i have been put on furlough to avoid potential…
Furlough Fraud
A quick question, what would stop an employer claiming that they have furloughed staff to get the 80% of wages, then topping up the wages to 100% whilst the employees carry on working as normal, say from home? This seems open to fraud.
Is untaken holiday payable after being made redundant?
Just been made redundant by my nasty bosses... I have a 2 month notice period on gardening leave which I am on now. I also have 10 days of untaken holiday which the company says will be deducted as part of my notice period, or I can take my holiday as part of my notice period (go figure), essentially meaning they will not…
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