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Anyone else struggle to settle post redundancy?
I ask this as I am about to start job number 3 this week post my redundancy in March. I've struggled to settle into any of these jobs. I think when you are made redundant from a job you've been in a long time you lose part of yourself, the job is part of your identity. You go from someone who was valued, respected, needed,…
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Voluntary redundancy - Pension
I'm soon to take redundancy and have a question on the company pension contribution. They have to give me 3 months notice, so they are intending that I work 1 month and then finish up and they will pay PILON for the remaining 2 months. But they are saying will don't pay the DC pension contributions for the 2 months of…
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Suitable Alternative Employment and other candidates.
Hi, I hope this will be an easy question. If an employer is offering other roles to someone under threat of redundancy, and another employee who isn’t under threat of redundancy is interested in that role too, does it go to interview or does the person under threat get the role? Thanks!
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Back dated pay rise
I was due a pay rise in April, and received a full and final offer from the employer. The union has argued with the employer which is delaying the pay rise. When it is finally agreed, (note the full and final bit! )are the employees entitled to the pay plus the interest they would have got on the money if it had been paid…
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Redundancy Insurance Claim after Settle Agreement
Hi allI'm in the process of being made redundant and requesting a 'Settlement Agreement'. I have a stong case for unfair dismissal and will use this for the reason of requesting the settlement agreement. I have redundancy insurance cover that covers me for redundancy but I'm wondering how this be affected if a settlement…
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Redundancy Question around timings
Hello, The company that I worked for shut up shop in July, and they brought in the liquidators. I have checked on the relevant .gov website (https://www.gov.uk/your-rights-if-your-employer-is-insolvent/your-rights) and it list of a number of things I can apply to the government for. In my case, I believe I would be…
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Risk of Redundancy ii
Removed by OP due to ongoing process
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Off sick after Redundancy announcement
Hi, i am unfortunately juggling a divorce, financial arrangements, childcare arrangements and house sale, i was put on happy pills and took only two weeks off work as i wanted to keep myself busy, well now I'm also being made redundant, i have a long consultation process but wondering if i should put forward a case for…
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Tax refund ?? following leaving work aged 64 with a Settlement Agreement
Will there be any tax refund ?? I will have worked 6 months of this tax year when I finish work with a Settlement Agreement in September, I am 64 and wont be returning to work as I have some savings. I'll wait until claiming my company pension to age 65 as originally planned and am obviously aware that I'll have to wait a…
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Money owed by company in liquidation
Hi all, I hope I'm in the right place! My husband lost his job at the end of last year when the company he was working for folded. He was owed money (about £1500) in unpaid wages but given the way the company ended and the lack of communication we assumed there was no hope of receiving this. I'm now wondering if that is…
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Being made redundant with savings
Hi Guys & may I thank any bit of advice in advance I'm 46 & am looking to be made redundant but im in the following predicament (I must apologise as I know there are people in a lot worse situations than me), but I'm in need of a bit of advice. My boss has always been a bit craft with money & paid me an amount into the…
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Calculating figures for Redundancy - PILON and average pay
Hi all, I've been advised I am "at risk" of redundancy and have had a first consultation with my Head of Operations and HR Rep. I did not have a rep present as I was given short notice, but will moving forwards as I think they are making mistakes. I have been advised I will receive 3 months pay in lieu of notice, and this…
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Sign-on bonus payback in the event of redundancy
Hi, I received a large sign-on bonus when I joined my current employer earlier this year. In the first 8 weeks they started making a small number of redundancies (not in my area), and although I've been told those in my area are 'as safe as houses', I am obviously concerned about what is around the corner. I have two small…
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Will I pay higher rate of Tax on PILON (pay in lieu of notice)
Hi Newbie here, I am about to be made redundant and part of the package is a PILON payment of 11 weeks pay (£6966.85), as I don't have to work the notice I will receive this as a lump sum. As such, will I pay a higher rate of tax, because it looks like my monthly pay has jumped massively and push me into a higher tax band,…
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Redundancy and eligible benefits
I have been told my job is at risk. I'm preparing myself for the worst.. My question is can I claim jobseekers allowance or any other benefits in the event that I am made redundant ? Please advise. Thanks
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Redundancy tax free payment
When you're made redundant is the tax free element of your redundancy put on your P45? Also will receiving the tax free cash have an effect on the married couples tax allowance?
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PILON/Student loan issues
Hi everyone, Following a redundancy in May I believe the tax I paid in terms of income tax was calculated wrong, as was student my loan repayment. A normal month for me would be as follows: Gross pay: £2,829.16 Income Tax: £356.20 Student loan deduction: £103 As I'd only been with my company for 15 months, the redundancy…
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Being made redundant
I am (probably) being made redundant, but not for another 8 months or so. When should I tell my unemployment insurance provider? I'm worried if I tell them now that they will then refuse to renew my insurance later in the year, but if I wait until after the renewal could they then refuse my claim as I was aware of…
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Redundancy planning help
Hi I’m due to leave my company in march 24 and I have two questions.. 1. Would I be better off hanging on until after April 6th new tax year as I won’t be working for at least 6 months as I’m going travelling.. this would mean my redundancy payment (50k) would be paid in 24/25 tax year so only £20k taxable at lower rate..…
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Redundancy - Paying tax on notice period not worked
Hi All, Can someone please help me with a tricky issue? I recently took voluntary redundancy from work and as part of the settlement agreement, it was agreed that I wouldn't have to work my notice period. Neither would I be paid in lieu of the 3 month notice period. However when i received my settlement payment, I found…
