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Redundancy Payment Query
noodledoodle78
Posts: 219 Forumite
My husband is due to be made redundant. Originally his end date was the 23rd December but they have since been extending this on a week by week basis. His new date is now 30th March 2012.
His company have now advised that they would not be paying the redundancy pay-out and that this would come from Price Waterhouse Cooper who they are consulting with on a weekly basis to avoid bankrupcy. In addition the redundancy payment has to be applied for and make take up to three months to come through.
My understand was always that a redundancy payment was made with your last wages.
Is this right?
His company have now advised that they would not be paying the redundancy pay-out and that this would come from Price Waterhouse Cooper who they are consulting with on a weekly basis to avoid bankrupcy. In addition the redundancy payment has to be applied for and make take up to three months to come through.
My understand was always that a redundancy payment was made with your last wages.
Is this right?
Sealed Pot Challenge No. 286
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Comments
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If the company goes into liquidation, it comes from a government fund, not the company, and there is an application process and a delay in payment. That may be what is happening here.Debt free 4th April 2007.
New house. Bigger mortgage. MFWB after I have my buffer cash in place.0 -
If the company goes into liquidation, it comes from a government fund, not the company, and there is an application process and a delay in payment. That may be what is happening here.
Which is what you have been told in the other thread that you have posted asking exactly the same question. :T0
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