Ready, steady… save!
You don’t need a chart to join in. Here are 2 ways to record your savings:
1. Cross it off
Pop a chart into your first post. Saved an amount? Cross it out! Read more »
£0.01 £0.02 £0.03
2. Write it down
Skip the chart and add updates to your first post. Read more »
“Another +£3 saved today. Go me!”
Use +£ before each new saving so it counts towards your total.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
redundancy on reduced wages.
I am currently on
furlough but me employer is asking us to take a temporary pay cut when we
return. To add to this is the threat of redundancies. Our team has been halved
over the last five years and we have felt that we will lose another person this
summer anyway. So question is if I say yes to reduced pay (10-20%) and then get
made redundant will my redundancy pay be based on the reduced pay or my normal
pay. This will have a big impact on my decision to take the pay cut or not.
thanks
Rob
Comments
-
If you do accept it then get it in writing and when there will be a review date. Reply in writing that you only accept it temporary so that it not shown as a sign that you are accepting it permanently. If the pay cut is only temporary and in writing then redundancy should be based on your normal salary. No reason why you can’t get that in writing too. If it goes on for a year or so then it gets a bit more difficult.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.9K Banking & Borrowing
- 254.9K Reduce Debt & Boost Income
- 456.2K Spending & Discounts
- 248.4K Work, Benefits & Business
- 606.1K Mortgages, Homes & Bills
- 179K Life & Family
- 263.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.7K Read-Only Boards