Redundancy vs Notice period

musashi10

Hi there.

I was wondering what the difference is between notice period and redundancy?

I have read my contract and it says that after 1 year's service they have to give me 3 months notice.

Now if they do want to get rid of me, does this mean in theory that I would get 3 months notice where I would still have to work for them if they wanted + statutory redundancy? Or does the 3 month notice include redundancy?

Thanks

getmore4less

They are seperate.

Statutory redundacy kicks in after 2 years.

Emmzi

they would need to pay you 3 months notice + redundancy, and could ask you to work the 3 months, unless both parties agreed to amend that

however with limited service redundancy may = zero

musashi10

Hi thanks.

I thought redundancy kicks in after 1 year?

MsHoarder

musashi10 wrote: »

Hi thanks.

I thought redundancy kicks in after 1 year?

Afraid not. Statutory redundancy pay kicks in after 2 years. Check your contract doesn't say otherwise however as this is the minimum they have to pay.

musashi10

Ok, so that means I would get nothing for working less than two years?

Thanks for all your help

steve0121

Fraid so,,,,, Im lucky.... I brought in £642K worth of revenue in my 26 month service, so im being rewarded with £800, the statutory minimum.