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Redundancy when having 2 jobs!?
jonnyseka
Posts: 3
Newbie
hi all
Ive worked full time in my current job for 15 years now
in the last 5 years I've also started my own company which is now ltd and im a director of (24% share) i work for my own company 2 days a week and pay myself for this as an employee
my current full time job looks like its coming to an end and i think the company is going to go insolvent.. will my other job have any bearing on my redundancy
cheers
Ive worked full time in my current job for 15 years now
in the last 5 years I've also started my own company which is now ltd and im a director of (24% share) i work for my own company 2 days a week and pay myself for this as an employee
my current full time job looks like its coming to an end and i think the company is going to go insolvent.. will my other job have any bearing on my redundancy
cheers
0
Comments
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Don't see how it would have any bearing, nope. Do they know that you have the other job? And is it ok under your contract for you to have the other company that you work for? Maybe best to not mention it at all if they don't know about it.“I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse0
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If the company winds down and pays out you will probably get paid all you are due.
If you are going to rely on the social fund for any pay off.
https://www.gov.uk/claim-redundancy
https://www.gov.uk/claim-loss-notice
There will be deductions0
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