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Potential redundancy
robrymond
Posts: 728 Forumite
I was informed today that a consultation was due to take place as the store I work in was due to be closed at the end of the month.
However at the last hour so to speak...a last minute rent negotiation took place and instead there is the possibility that the store will stay open.
Can I take out a redundancy cover to help with mortgage payments or would this be deemed too late? There is no written agreement so how would they prove that I have known that there is the potential for a job loss?
I won't get redundancy pay as I have worked back at the company for only a year.
However at the last hour so to speak...a last minute rent negotiation took place and instead there is the possibility that the store will stay open.
Can I take out a redundancy cover to help with mortgage payments or would this be deemed too late? There is no written agreement so how would they prove that I have known that there is the potential for a job loss?
I won't get redundancy pay as I have worked back at the company for only a year.
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Comments
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Too late I'm afraid. They would only have to contact your Company to find out that you have known of potential job losses.
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