Redundancy - How Much Notice?

I have been with my company for 4 years and 3 months. My notice period is 3 months....
Looking at the redundancy policy - 1 weeks pay for each completed year ie 4 weeks.
My question is - will I only get the 4 weeks redundancy pay OR do they have to pay me for the 3 months notice period too?

Comments

  • Andy_L
    Andy_L Posts: 12,734
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    They have to give you 3 months notice & then, at the end of that 3 months, your redundancy pay. They may offer you the 3 months salary in lieu of notice but they have no obligation to do so.
  • Undervalued
    Undervalued Posts: 8,788
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    If your contract says they have to give you three months notice (check carefully as it does not have to be same length as the notice you would have to give them if you were resigning) then they must either let you work the 3 month notice period of give you pay in lieu. However statutory notice would only be four weeks which is all you would get unless your contract specifies more. Notice pay is taxable in the normal way.

    Either way that is on top of the four weeks redundancy entitlement (which would be tax free).

    Plus they must pay you for any unused holiday entitlement, if they don't instruct you to use it up during the notice period.
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