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Redundancy Entitlement

asil31
Posts: 2 Newbie
Hello,
Just been advised that I and around 40 others are being made redundant next september due to relocation.
I have worked for the compan for 9 years and the companies poicy for redunduncy is;
5-10 complete years service= statuatory number of weeks at normal pay or statutory redundancy pay, whichever is greatest.
I take this to be the statutory amount as £430 according to the Government website as being greater then my weeky wage of £313 - so I should be entitled to the greater amount?
Please can I have your thoughts on this?
Thanks
Just been advised that I and around 40 others are being made redundant next september due to relocation.
I have worked for the compan for 9 years and the companies poicy for redunduncy is;
5-10 complete years service= statuatory number of weeks at normal pay or statutory redundancy pay, whichever is greatest.
I take this to be the statutory amount as £430 according to the Government website as being greater then my weeky wage of £313 - so I should be entitled to the greater amount?
Please can I have your thoughts on this?
Thanks
0
Comments
-
No, redundancy pay is capped at £430.
As you earn less than this you will get you weekly wage ie £313.
If someone earned say £490 they would only get the capped amount of £430.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
Statutory redundancy is a weeks pay CAPPED at £430 so I think they mean they won't cap the pay.
They should really be consulting and looking to prevent the redundacies,
is relocation not an option.
What are they offering for 10+ years there may may be age discrimination issues.
if over 41 this should be 1.5 weeks for each complete year over 41.0 -
Hi,
The package for over 10 years service is;
Statuatory number of weeks at normal pay plus Statutory Redundancy Pay.
There are three locations in the UK which they are moving into one location in Sussex - really not an option for me to relocate.
Thanks0
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