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Jox
Posts: 1,652 Forumite
I've been working for my employer for 10 years and 10 months and in the last 4 months four colleagues have left of their own accord and only myself and a lady on maternity leave (she's due back in October) are left in the company. It's the UK / Europe entity of an Indian parent company.
I'm the assistant / office manager and have still have admin jobs to do (dealing with accountants, compliance, financial conduct authority reports).
I've been told that no senior staff will be replaced, but they'd like to keep the entity active (but are asking me to try to get us out of the lease on our serviced office).
The MD in India called me and asked me if it is easy for me to find another job. I've heard rumours that they don't want to make me redundant. I think they just want me to go away.
I will call ACAS for advice but does anyone have any advice for me as well please?
Thank you
I'm the assistant / office manager and have still have admin jobs to do (dealing with accountants, compliance, financial conduct authority reports).
I've been told that no senior staff will be replaced, but they'd like to keep the entity active (but are asking me to try to get us out of the lease on our serviced office).
The MD in India called me and asked me if it is easy for me to find another job. I've heard rumours that they don't want to make me redundant. I think they just want me to go away.
I will call ACAS for advice but does anyone have any advice for me as well please?
Thank you
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Comments
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What do you want to happen?
I see two potential initial approaches.
Take over and drive your little new entity make sure stuff gets done, deal with the lease etc. By being in control you can take it in the direction you want.
Sit back and let your managers deal with direction.
What will maternity lady want to do when they get back, what was their role?0 -
I'd start looking for another job.....
best case scenario they make you redundant just before you hand in your resignation. Worst case is that you have a new job0 -
Thank you! I will start job searching but was hoping for redundancy pay, I've never been made redundant before.
I can't run the business and the lady on maternity probably won't want to or be able to run the business.
I'll ask ACAS if they have any advice too.0 -
Thank you! I will start job searching but was hoping for redundancy pay, I've never been made redundant before.
I can't run the business and the lady on maternity probably won't want to or be able to run the business.
I'll ask ACAS if they have any advice too.
Ignore this I misread OP!
TBH unless you have a nice contractual redundancy bonus (unlikely for small entitiy) it's in effect a month's wages - nice, but not groundbreaking.0 -
Redundancy pay could be £6k so not too bad if I got that
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TBH unless you have a nice contractual redundancy bonus (unlikely for small entitiy) it's in effect a month's wages - nice, but not groundbreaking.
No. She's been with them 10 years so anything between 10 and 15 weeks pay depending on her age.
My concern though would be that the owners just pull the plug and don't pay redundancy. As they are in India there would be very limited options for the OP to get any money they were due, unless they can claim from the government scheme in that situation.0 -
No. She's been with them 10 years so anything between 10 and 15 weeks pay depending on her age.
My concern though would be that the owners just pull the plug and don't pay redundancy. As they are in India there would be very limited options for the OP to get any money they were due, unless they can claim from the government scheme in that situation.
Sorry* I misread the OP! my bad OP! it's this
read 4 months as 4 years0 -
If they plan on keeping the entity going and regulated by the FCA which it seems they are, they would have to pay their bills otherwise the FCA could take action against them.
I think I would also be looking for a new job. £6k is nice (I took £2-3k a few years back) but it does not last long. £6k and the risk of no job for a few months? I would try and find something.
I am not sure what your skill set is but if you are dealing with GABRIEL returns, you are probably a miracle worker because that system is a nightmare.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.1 -
Thank you! I will start job searching but was hoping for redundancy pay, I've never been made redundant before.
I can't run the business and the lady on maternity probably won't want to or be able to run the business.
I'll ask ACAS if they have any advice too.
How is the business running at the moment then?0 -
It's not running but I'm still dealing with invoices and FCA. The main director in UK left end of July.0
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