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Redundancy/Unemployment cover question about exclusion period and job notice
Hi, I was wondering how this kind of insurance really works. In my case, I need an unemployment insurance for income protection, no mortgage. I read many controversials online, but also many rules :D . I understood the following, the exclusion period is what it is, but the coverage can start after considering the notice…
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Payments after job loss
Hello, I was wondering what usually is the payment in case of a job loss, but not a standard one, I refer to an unfair job loss (unfair dismissal), basically being fired without following rules, so I exclude: 1. Correct termination of the contract defined by a period of time (like 1y contract) 2. Redundancy 3. Miscounduct…
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Re-hiring after redundancies
Our company made redundancies back in April and 3 people were made redundant. We have now had one of the staff members who was originally kept on resign in June. I know usually you can't rehire after redundancies for at least 6 months, but as she has resigned would we be okay to re-hire? Would we need to offer this job to…
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Redundancy / CVL
Evening, So I was sent an email inviting me to a meeting (couple of hours later) about restructuring the company going forwards……. At the meeting was given a letter that the directors intention was to put the company in to CVL and this meant contract was Immediately terminated. Get your stuff and leave please! Almost 3…
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Company has changed its name,
Hi all quick query , a travel company has changed its name, they owe me money from a refund they have not honoured, can I still go small claims court, I’ve found new company name. any info be appreciated. TVM
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Company ignoring ET penalities
I took my old company to employment tribunal after they breached my contract by not paying me my salary in June of last year. I won the tribunal in December but they still did not pay. I then engaged ET penalties but so far they have ignored all letters from them. I am now wondering what my next steps are I believe I need…
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Possible Redundancy around the corner
Evening Like others may be expereiencing, I have reason to believe redundanacy could be around the corner in my role. I have been in my role for nearly 10 years ( anniversary within 6 days ). However, like with everything else in the world, the company has gone through a lot of changes in the last two years =covid 19,…
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Notice period in contract of employment
hi my company has recently announced restructuring and my role is at risk of being made redundant I have been employed here for just over 2 years my contract contains a clause whereby they have to give me 12 months notice to terminate my contract (and i have to give them 6 months) Seems pretty cut and dry to me but just…
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Tax on Voluntary Redundancy Offer
This may be a very simple question to answer , but i cant find anything on the net to help me work out how much tax i will be paying on my VR offer. I will be leaving my workplace on 31/8/22 , i have accepted a VR offer of just shy of £70k. I am trying to work out roughly what this will be after tax deductions. I know the…
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TUPE Transfer
My employment is being TUPE'd over shortly. The new company advised the role is not directly equivalent and have confirmed I will transfer over and I can then apply for one of 2 roles. They have not mentioned any risk of a redundancy but have not confirmed if one of the 2 roles is guaranteed and or what changes if any that…
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20% or 40% on VR Offer
Short and sweet, On a £70K VR offer of which £30K is tax free, do you pay 20% or 40% tax on the remaining £40k Thank you.
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Any disadvantage in not taking part in consultation process?
I have been notified that my role is it at risk and the company is beginning the consultation process. There are 5 of us at risk, all in different roles and departments. I've been pretty unhappy in my role and at the company in general. My notice period is 2 months and prior to this news I had been planning to start job…
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Capability dismissal or resign?
Hello all, I started having seizures in November 2020, then a year of medical tests and operations which left me traumatised to be honest. Anyway I developed agoraphobia and depression. My anxiety has been severe to the point of Panic Disorder. Now my doctor thinks I may have Aspergers. Anyway, I have been off work for 15…
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Expected Redundancy and Employer advertising part of my job role
Hi, I am expecting to be made redundant after the company i worked for lost a major contract and most of the staff Tupe'd over to the new company that one it. We were left behind working from home for the Finance team (25 years) and now merging into the larger company in London as they have closed our office. I have just…
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Redundancy Insurance
hi I have held Redundancy insurance for 13 years though a policy which i have always paid monthly. Out of the Blue I have had a letter telling me that the policy wont be renewed in sept- it will be cancelled. however the provider is still taking their fee and will do so until then. I have just moved job and so believe i…
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Redundancy pay disagreement
Hello all hope someone can help answer this question! how long after receiving redundancy pay do you have to complain to employer if you disagree with amount paid? my son was made redundant after being on furlough, his furlough money was based on his earnings for 12 weeks before going on furlough but redundancy pay was…
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Made Redundant But Offered 6 Month Contract If I started Own Business
Back in 2019 I was made redundant from a position I had been in for 13.5 years. It was the height of the pandemic and I had been on furlough for 4 months. I got a call from my manager saying I was being made redundant but in the same call was offered a 6 month contract if I started my own business as they didn't want to…
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Income Protection Insurance (worth it?)
Hi all, i have recently had an offer on a house accepted. I will be taking out a mortgage. I always try my best to be covered if certain things happen. I have received some quotes for mortgage only cover. And that seems pointless. I got quotes for a bout £25 a month. However any payments would wipe out universal credit.…
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Redundancy notice but consultants are still doing my job
I have just received my notice of redundancy but I think that my dismissal may be unfair as there are still external workers doing my job. My employer is a very large and well known British company and this is my first job in the UK so I am not familiar with how these kinds of things work here. Note when i say…
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Redundancy and tupe
I work for a company who does work for the 2 seperate councils, 1 of the council contracts has been up for tender and we didn't win it so we are being tupe transferred to another company, but with reduced hours and they are making us redundant from the other council work. The bit that doesn't seem clear is the redundancy…