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Dodgy redundancy payout ????
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DumpedbyPEAK
Posts: 2 Newbie
Hi all,
Help needed
A friend is being made redundant from a company that is owned (60%) by a PLC.
Now the company are paying only statutory redundancy - although they claim to want to do the best for their staff!! Uh huh! - however........I know for a fact that the PLC is making redundancies and paying out 2.5 times weekly pay for every year worked.
My question therefore is - shouldn't the redundancy payout be the same as the PLC?
Thanks in advance for help
Help needed
A friend is being made redundant from a company that is owned (60%) by a PLC.
Now the company are paying only statutory redundancy - although they claim to want to do the best for their staff!! Uh huh! - however........I know for a fact that the PLC is making redundancies and paying out 2.5 times weekly pay for every year worked.
My question therefore is - shouldn't the redundancy payout be the same as the PLC?
Thanks in advance for help
0
Comments
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I would have thought that unless its written into a contract ,
as long as they pay the statutory entitlement then they have complied with there obligations0 -
There is nothing dodgy - unless their contract states higher.0
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