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Potentially Taking A Settlement Agreement
Been at the company for around 20 years. In 2015/2016 my company was looking for volunteers for VR, I put my name forward, but my line manager begged me to stay but the package at the time was very tempting, 2 years down the line we have a new CEO and my LM has left (taking a settlement) and last month in my annual review…
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Owed salary
My daughter has been working for a company for around six months. There were problems with her salary going in the bank on time in October, but November was fine. She has now heard unofficially that the company are going into liquidation, and is expecting confirmation when she goes in tomorrow. Do the company have to pay…
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Notional Tax
Hi all Just received an email about my compensation for loss of notice pay. I'm entitled to 4 weeks pay but have had £361.12 taken as notional tax.. I was told that the loss of notice pay couldn't be taxed.. I read on another site that depending "how" the employer made their employees redundant would affect the loss of…
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Joining civil Service alpha pension scheme at 49?
Just joined a new job and been offered the chance to join the defined benefit scheme (alpha) or defined contribution scheme. I've actually been auto-enrolled onto alpha but need to confirm I'm happy to stay in it I think. I'm just wondering if there's anything I should be thinking about with my situation and age (49). Bit…
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Action in event of Unsucessful VR request
My company is offering voluntary redundancy with some clear detail about process and amounts offered. I am making it absolutely explicitly clear that I want VR and wondered if I was unsuccessful in receiving the enhanced VR offer (there is no right of appeal) could I ask for statutory redundancy payment (which even at the…
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At risk of being made redundant
Hi It has been a few years since our last round of redundancies and we have a meeting later this week and am sure this is going to be the outcome (work in a school and we are getting less and less money). Having been through this once before and seen the way the rest of the staff behaved l don't think l have the energy to…
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Holiday pay has been taxed after redundancy?
Hi everyone I was made redundant on 5th October this year, i'm just about to get my redundancy pay finally. But on the calculations of how much i am going to get for the holiday pay i am owed, it says: We have made a payment to you for 10.75 Holiday days owed to you. Then obviously says the amount owed, then minus tax and…
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Redundancy and Early Conciliation
Any advice please... Partner and I both work for a small company bought out a few months ago and we were TUPEd across to new owners who are relocating and have given comp redundancy letters to all of us. They have given a month's notice, less than our entitlements due to length of service and have given notice before…
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The role of employee representitives in TUPE process
We have redundancy looming, and have appointed a number of employee representatives of which am one Wondering what to expect? Is it a case of negotiating the terms of redundancy? We have been told its a simple legal process and we will receive an enhanced package.. although details of which have been vague Do we have to…
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Help with handling VR
My workplace has asked for requests for VR with about 180 staff currently identified at risk. I am retireable age, earn around 50k and will be making a request to be considered for VR. My questions are as follows; 1) how should I handle my request and the meeting between me and my manager in particular so that I can…
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Help! Do they have to offer me redundancy? Location change.
Deleted as do not want to be identified.
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Mortgage and Money Running out
despite job hunting for nearly 3/4 of 2018 I am still out of work but now getting a bit worried about paying the mortgage. it is a capital and interest type. I am 2 years into a 20 year mortgage aged 48. I put down 10% deposit and am in positive equity. what do people generally do when they find their redundancy money is…
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Redundancy looming, advise needed
Earlier in the year myself and 4 colleagues were put into consultation for redundancy. We were told business had decided our existing roles were no longer needed, however there were temporary jobs we could be moved into finishing at the end of December. We moved into the new roles, but we have had no communication since…
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EMI shares
Hi, I was awarded two rounds of EMI shares. The company is now being sold at a really low value ($0.19 per share) and I am being told either the shares woth nothing as the value is so low and preference shareholders need to be paid first leaving nothing left for EMI shares or if they are vested I will end up paying more…
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Company Dissolution, Liquidation, and Director Redundancy: How it Works
This infographic explains how the redundancy process works when a director is making a claim during liquidation: https://www.redundancyclaim.co.uk/liquidation/company-dissolution-liquidation-and-director-redundancy-how-it-works
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NHS Redundancy and Reckonable Service
I joined the NHS back in 2014 at the time i battled with HR for 6 months for them to recognise my council service as reckon-able, they agreed it was, but is not included for redundancy. I found out today i'm being made redundant and now fighting as to why my NHS organisation has gone against Agenda For Change (AFC) which…
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Dilemma......
Good morning, My first post and could really do with a little help and advice on my upcoming redundancy please. I am being made redundant as of early next month and I had my HR consultation beginning of this week, my pay with all the adding everything together will be just shy of 24k. Although they have now told me that…
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Help please: at risk of redundancy & contract exchange
Hi, Please advise. I am about to exchange contract for a new built house next week. This week at work have been told that my team is "at risk" of redundancy and our consultation period will end by mid of next month.
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Years of service
Possible redundancies coming up. Criteria published. What is deemed as a completed year of service. Is it when redundancy announced, when individuals informed, the day you leave if you don't work notice period or is it what would be deemed your redundancy day taking into account notice period. Ie started work 2nd Jan,…
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Redundancy notice
Hi I have applied for voluntary redundancy at work, I have worked there 35 years how many weeks notice should I be paid.