Company is about to fold and I'm on suspension.

badlespoon

Hi guys, I was suspended from my job (on full pay) 7 weeks ago. I have heard nothing from my employers and have not been told why. It now transpires that the company, which works with vulnerable adults, is likely to be shut down in the next week. Where does this leave me. Will I still be entitled to redundancy? I have done nothing wrong and have no idea what it could be. I have worked there for over 15 years. I hope someone can advise me.
Many thanks.

badlespoon

Could they decide to sack me, even though it would be unfairly, knowing that I would have no unfair dismissal case against a liquidated company? Saves them the redundancy payout. Can they do this

fishybusiness

Depends of the status of the company as it shuts down. If there is no money due to insolvency you are unlikely to get a penny.

You really need a solicitor to give you the best advice.

badlespoon

Obviously everyone would be in the same situation if there was no money left and we would have to go to the government for redundancy payouts. But if I am still under suspension can I be refused redundancy pay? I have seen a solicitor due to the time it is taking and I can't get beck to them for a few weeks but I obviously will talk to them about this new situation.

hcb42

You have not been disciplined or sacked, so you are still employed..