Administration after handing in notice

Ante101

I handed in my resignation on Feb 10th from the job I've held for over 5 years, and am currently serving my 1 month notice period. By the end of Feb, my employer will owe me 3 months in unpaid salary.

On Feb 24th the company told us that they have filed for administration. We were told that this would happen in 10 days time, and that everyone would be made redundant then. I'm not sure if that's 10 days or 10 business days.

If administration happens in 10 business days, it will be on March 9th, which is the last working day of my notice period.

Will the fact that I've already handed in my notice affect my ability to claim statutory redundancy pay / 8 weeks unpaid salary?

Also my employer has offered us the option of making us redundant immediately, so that we can start claiming jobseekers allowance etc. I'm not going to claim jobseekers as I already have another job lined up. Would it benefit me to take this earlier redundancy so that I'm not cutting it so close to the end of my notice period?

My employer also offered to revoke my resignation if I wanted to, so that I would be made redundant like everyone else in the company. Would this be wise? I'm not really sure what happens after administration. Would I be obligated to continue working beyond the administration date? I'm worried if I did this it would overlap my moving date (March 10th) and the starting date of my new job (March 26th).

So it looks like my choices are:
A) Do nothing, serve my notice and wait for administration.
Accept early redundancy during my notice period.
C) Revoke my resignation and wait for administration.
D) Revoke my resignation and accept early redundancy.

Any advice to help me claim back some of the money I'm owed would be greatly appreciated.

toddle2u

Will the fact that I've already handed in my notice affect my ability to claim statutory redundancy pay / 8 weeks unpaid salary?

No it won;t you will be a preferential creditor and will get the statutory payment up to a maximum of £400 pw

On Feb 24th the company told us that they have filed for administration. We were told that this would happen in 10 days time, and that everyone would be made redundant then. I'm not sure if that's 10 days or 10 business days.

It's 10 business days if there is a secured creditor who can appoint there own Adminsitrator if not it is 5 working days

A) Do nothing, serve my notice and wait for administration.

Do this

redmalc

I am of the opinion the max is now £430

agrinnall

redmalc wrote: »

I am of the opinion the max is now £430

No need to rely on opinions when the information is just a few clicks away (and you are right, it is £430).

http://www.direct.gov.uk/en/Employment/RedundancyAndLeavingYourJob/Redundancy/DG_174330