Being made redundant but getting no money..?

BarrelScraper

With the reasoning being no money in the company to pay redundancy.

Not me, but someone i know. Am curious as to what the law is on this. I think they've been employed with the company for longer than 12 months, but not 100% sure.

InsideInsurance

You need to read your contract firstly to determine how long you have been there and secondly to see what the contractual redundancy scheme is.

Is the company continuing or is it being declared insolvent? For statutory redundancy you must have been employed for two years to be able to make a claim so by the sounds of it you wont qualify if the company is insolvent and you are owed.

If its not insolvent and you are owed money then it may require you to go to court but you could speak to the Redundancy Payments Office for advice http://www.bis.gov.uk/insolvency/about-us/our-offices/redundancy-payments

KiKi

BarrelScraper wrote: »

With the reasoning being no money in the company to pay redundancy.

Not me, but someone i know. Am curious as to what the law is on this. I think they've been employed with the company for longer than 12 months, but not 100% sure.

Statutory min is 2 years before you get redundancy pay. 12 months to go through the redundancy process (but no pay).

Their contract may provide for better terms, though.

KiKi

falko89

They should still get any pay/holidays owed