Pay in lieu of notice

p00hsticks

Just_Passing_Bi wrote: »

Thread very similiar to our current position.

If an employee (41+) has been with a company 15 years, do they get 15 years redundacy pay = 1.5 weeks pay for every years service, or is it capped at 12 weeks?

COE is 4 weeks, employee has now been given notice, although the employer has requested the employee remains working for the company until final day i.e , in 4 weeks time, therefore, will there be any PILON?

Also, the company will only pay whats's statutory :(

You are getting the cap for redundancy payments and notice periods muddled.

Statutory redundancy payment is capped at 20 years service
https://www.gov.uk/redundant-your-rights/redundancy-pay

Also note that the payment of one and half weeks per year served is only for full years where the employee is aged 41 or over - so won't apply to someone aged 41 now. And it i only for those years served when the employee was over 41 - for any where they were under 41 the statutory entitlement is a week for each year served.

Statutory notice period is capped at 12 weeks.
https://www.gov.uk/redundant-your-rights/notice-periods


So a 41 year old employee with 15 years service who is given four weeks notice is also entitled to eight weeks PILON, as well as 15 weeks redundancy pay.

Just_Passing_Bi

Cheers, I think I've got it,

Post 41 years = 11 years at 1.5 weeks redunancy pay

Pre 41 years = 1 week pay for evey years service.

In addition to redundancy pay above, + 8 weeks at PILON.

p00hsticks

Just_Passing_Bi wrote: »

Cheers, I think I've got it,

Post 41 years = 11 years at 1.5 weeks redunancy pay

Pre 41 years = 1 week pay for evey years service.

In addition to redundancy pay above, + 8 weeks at PILON.

That doesn't add up - in your initial post (#9) you said that the person had 15 years service, you now suggest it's only 12 ?
And you now imply that the emplyee was aged 40 when they started the employment - is that correct?

Just_Passing_Bi

p00hsticks wrote: »

That doesn't add up - in your initial post (#9) you said that the person had 15 years service, you now suggest it's only 12 ?
And you now imply that the emplyee was aged 40 when they started the employment - is that correct?

Hi sticks

sorry for the confusion

they started aged 37, now 52 years old, been with employer 15 years

I assume they don't get 15 years redundancy pay only 12 as a maximum

getmore4less

Just_Passing_Bi wrote: »

Hi sticks

sorry for the confusion

they started aged 37, now 52 years old, been with employer 15 years

I assume they don't get 15 years redundancy pay only 12 as a maximum

Pay for some proper legal advice.

You are not getting the basics on redundancy or notice.

p00hsticks

Just_Passing_Bi wrote: »

I assume they don't get 15 years redundancy pay only 12 as a maximum

Why ? As I said in my first post (#12) the cap on redundancy pay is 20 years. not 12.

I suggest you have a look through the links I gave in that post

Just_Passing_Bi

p00hsticks wrote: »

the cap on redundancy pay is 20 years. not 12

My bad :o I was confusing 12 weeks notice equal to redundancy years,

On Google

Redundancy notice periods

If your employer has selected you for redundancy you must be given a notice period before your employment ends. The statutory redundancy notice periods are:

at least one week’s notice if you have been employed between one month and two years

one week’s notice for each year if employed between two and 12 years

12 weeks’ notice if employed for 12 years or more