Being made redundant

Matt_c

Good morning can anyone help me please I was told last week I will be being made redundant at the end if the month when I asked how does my redundancy pay work I got told as I have 4 weeks notice I dont get any redundancy pay is this right can any one help please
I did look on the Gov page but the way thaybword things confuses me

Thank you for any help

stripeyfox

How long have you worked there?

Matt_c

3 years this or next week I forget exact dates

stripeyfox

Also depends on your age:

Redundancy pay
You’ll normally be entitled to statutory redundancy pay if you’re an employee and you’ve been working for your current employer for 2 years or more.

You’ll get:

half a week’s pay for each full year you were under 22
one week’s pay for each full year you were 22 or older, but under 41
one and half week’s pay for each full year you were 41 or older
Length of service is capped at 20 years.

If you were made redundant on or after 6 April 2019, your weekly pay is capped at £525 and the maximum statutory redundancy pay you can get is £15,750. If you were made redundant before 6 April 2019, these amounts will be lower.

Matt_c

Thank you dam this is so stressful. So them saying because I've had notice I do t get redundancy pay is rubbish then

blue.peter

Matt_c wrote: »

Thank you dam this is so stressful. So them saying because I've had notice I do t get redundancy pay is rubbish then

Yes. You have an entitlement in law to a minimum amount of redundancy pay. I don't know the amount offhand, but am happy to accept stripeyfox's figures: they look about right. Saying that giving you notice means no redundancy pay is a nonsense. You are entitled to both - notice as a contractual right, and redundancy pay as a statutory right.


(Some employers pay more than the statutory minimum, but it sounds as if you'll have your work cut out getting only the minimum. You have my sympathy. If your employer refuses to pay even the minimum, you might need to consult a solicitor.)


Edit


Incidentally, the first £30,000 of any redundancy pay is tax free. In your case, it sounds as if that might be all of it.

You should also be paid for any holiday to which you're entitled but haven't taken by the date of leaving.

vacheron

Sounds to me like your employer may be thinking that they are "giving" you 4 weeks extra pay due to your notice and this is more than the 3 weeks pay your term of employment entitles you to.

This opinion is of course wrong, but I have seen employers beleive stupider things than that before.

They could be asking you not to return to work during your notice period (often referred to as "Gardening leave"), or offering you payment in lieu of notice (PILON), but neither of these affects your entitlement to redundancy pay.