We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Redundancy notice

Hi there,

please can you possibly help.

I was given a notice of redundancy today - i am now on gardening leave for 2 weeks.
In my mind its a foregone conclusion - i will be made redundant, and i am trying to be pragmatic about it all.

However, i do not have the slightest clues as to what type of questions i need to be asking. Can someone please help?

Also i was given a piece of paper one the section which says 'redundancy consultation period' its dated mid-october to early january. Surely if this only happened today this date needs to be adjusted.

Comments

  • marlot
    marlot Posts: 4,972 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Really sorry to hear your news.

    Here are some links which may help:

    ACAS- Advisory, Consiliation and Arbitration Service
    Telephone: 08457 474 747
    Directgov- Calculating Your Redundancy Pay:
    Directgov- Benefit Advisor Service:
    Directgov- Jobseeker:
    Telephone: 0845 606 0234
  • shaz77_2
    shaz77_2 Posts: 1,881 Forumite
    In relation to redundancy payments is the minimum you can get from the employer the statutory or do you get one from the company and the statutory from the government?

    Apologies if this sounds stupid.
  • No the company pays you the statutory - and I believe they claim it back from the government. You only get it the once, though - one week's basic salary for every year worked (capped at £430/week) as long as you've worked 2 or more years. Multiply by 1.5 if you're over 41, and halve if you're under 22.
  • zzzLazyDaisy
    zzzLazyDaisy Posts: 12,497 Forumite
    Part of the Furniture Combo Breaker
    No the company pays you the statutory - and I believe they claim it back from the government. You only get it the once, though - one week's basic salary for every year worked (capped at £430/week) as long as you've worked 2 or more years. Multiply by 1.5 if you're over 41, and halve if you're under 22.

    The employer pays the statutory redundancy pay, but they do not get it back from the government! Also the method of calculation described above is too simplistic, so will not be accurate.

    You can get an accurate calculation by inputting your details here:

    https://www.gov.uk/calculate-your-redundancy-pay
    I'm a retired employment solicitor. Hopefully some of my comments might be useful, but they are only my opinion and not intended as legal advice.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.