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Paying Redunancy into Pension.
Background is this : Taking redundancy with a pay out of 125K (maybe 131k if company car allowance is added in, but that is not certain yet) Salary currently 84k and I am 57 Old final salary pension transfer value 810k All other pensions amount to 300k I have a new job to go to paying 96k a year as a contractor and I will…
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Redundancy pay if you have worked with a private company for 1 year full-time?
Hi there, My partner friend is in a difficult situation where she has been warned of potential redundancy. What is the redundancy pay she could potentially get for working at a company for 1 year full-time? She works 37.5hrs per her contract.
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Being made redundant - unfair dismissal?
Hi, I have been working for a company for 6 years. Last Thursday, I was called into a meeting and informed that my job was at risk of redundancy and that I wasn't allowed into the office until the following Thursday (yesterday) for my first consultation meeting. The reason they gave for the redundancy is that business has…
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Employment Lawyer Search
Hi, I have no experience instructing a lawyer to look into a dispute between my previous employer and I. How do I find a good employment lawyer to begin with?
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Redundancy
I'm being made redundant after four years. Is that even legal? There is no way they can cover all the work I do and will have to bring in freelancers to do it but they will cost them much less... I'm not the only one, others have also been targeted but on a one by one basis rather then a proper redundancy pool. They are…
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New location, date tbc, accept figure now?
I've worked close to home for nearly 18 years, the business is moving far enough that the journey isn't viable. I have a letter with an offer, the legal minimum. There are under 100 staff, I don't know how many are going. The date of the move is unknown. The business will have to move in stages and my dept is likely to be…
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Voluntary Redundancy Question
So, 2 years ago I handed my notice in after 17 years service. I was offered voluntary redundancy where they would have to take on someone on my salary and give them a company car which I only got due to relocating 50 miles away. I would have to work 3 months to train a new person. They would give me one weeks salary per…
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Unfair redundancy
myself and a colleague have been put at risk of redudancy. We feel we have been unfairly targeted because of our age. We are in our 40s and 50s and together we have almost 50 Years' professional experience. We are also two of the longest serving. We are two of around eight people doing the same job - many of whom are on…
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Confusion - Zero Hours!
Asking for my son! He has worked for 3 months in a local cafe as Manager, set the thing up from scratch to become a fairly successful community cafe, popular with tourists and locals. On Thursday after the Board meeting (its a Community Trust) he was advised they had decided to close the cafe as of 02/09/17 - No…
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Dad made redundant and now retired, what is he entitled to?
Hi all, First time poster. My dad worked for Tesco and worked nights. Now the nights in his store has stopped, he was offered redundancy. He is 70, so he has retired. Can someone let me know what he is entitled to and what the next steps should be? I have looked into it already, but I do not want to miss anything, so any…
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what are my rights after end on Long term Assignment
Hi, I'm halfway through a 2 year LTA with the same company, I have been with then for 14 years. If at the end of 2 year LTA; and I understand that I have no past role to go back to; would I be entitled to:- * nothing. * 2 years at minimum statutory pay off. * 15 years min statutory pay off. Not entitled to but the company…
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Expecting a reduction in Notice Period Pay
Afternoon everyone, just seeing if I can get some clarification on this excellent forum to a couple of issues resulting from a recent redundancy, might come across as a bit muddled but please bear with! After 23 years I've just been made redundant, been through the claims procedure online of sorting redundancy pay etc, and…
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what things to consider re tax
Hi I took redundancy this month and my gross redundancy was 105k. I opted to take the first 30k tax free and this was paid in my July salary. Using pension carry forward for previous 3 years I asked for the remaining 75k to be put into my AVCs and have calculated that there is no tax to pay (I think). My salary was in the…
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Slotted in to new structure
Hi all I guess this might sound incredibly ungrateful under the circumstances. I work for the NHS in an arms length body that has been going through a pretty badly handled change process that will culminate with a lot of either voluntary / compulsory redundancies. This has been going on since the first Voluntary scheme…
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Voluntary redundancy package versus Compulsary
A friend has just been given a voluntary redundancy package and is confused of what the package is worth over compulsary. IE. How much may she lose if they don't take voluntary and is forced to go The package: Statutory Pay £7500 Voluntary Payment £1500 Notice period weeks (12 weeks) £4400 Holidays owed £425 Pension £200…
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Redundancy payout for old contractual hour's
Hi, I am being made redundant and have reduced my hours to part-time. Whilst I've worked these part-time hours for 2 years I've never signed a contract for my new hours so could I argue that I'm on my old contract or does the fact I've worked part-time hours for 2 years mean that's my new contract?
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Redundancy Question
Hi, My wife is currently on maternity leave which ends on the end of August, she is employed as a letting agent She has just found out the branch she worked in is closing next week. She worked with them for 7 years full time and then the last 2 part time - minimum of 8 hours per week but normally more, she has been on…
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Redundancy and tax...
Hi, I'm in the midst of redundancy negotiations and would like some advice please. Everything so far has been informal, but I have now made the decision that I want to take redundancy. I asked for my redundancy figures from payroll and I'd get paid three months notice, which rounding up is £15k gross... which apparently…
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Employment Contract Abroad
Hi, I'm hoping that there is someone on this forum that can provide some advice on this. I have recently been in discussions with my employer about a relocation to Toronto which would require a new contract with the Canadian arm of the company. Despite a lot of positive talk and an informal offer the move has been put back…
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Club Closing - paying wages
A local Club is about to shut with substantial debts, the Club is a limited business Can the Club pay its staff wages, holiday pay, and redundancies before informing other creditors? I suppose I am asking if employees can be classed as 'preferential creditors'
