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!
If employer can't pay redundancy due?...
RaiderHammer
Posts: 685 Forumite
Hi,
If my employer can't pay the redundancy payment due will the government pay out exactly the same figure that the employer should have paid?
Thank you.
If my employer can't pay the redundancy payment due will the government pay out exactly the same figure that the employer should have paid?
Thank you.
0
Comments
-
Assuming that the business has actually called in the insolvency service, then I think they'll only pay out the statutory minimum - plus any outstanding pay, holiday pay, payment in lieu of notice etc (up to a maximum value per week)
https://www.gov.uk/your-rights-if-your-employer-is-insolvent/claiming-money-owed-to-you0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
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
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards