Notice / Redundancy

Hi all, I'm not actually at threat of redundancy (thankfully) at the moment but wanted to double check my understanding on it, I was asked to sign a new contract last year after being repositioned in the company, i now have a 12 month notice period and around 8 years of continous employment with them.

If they do look at redundancies again this year and I do get selected, am I looking at 8 weeks notice period / pay or 12 months?

Tried googling for myself and I'm getting confused. Thank you. 

Comments

  • avawat20
    avawat20 Posts: 159 Forumite
    First Anniversary First Post Name Dropper
    It's usually your contractual notice which is one week for each year of service up to 12. There is a difference between the notice YOU have to give and THEY have to give. Check your organisations policy in case it is different though. I am talking about statutory entitlement.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Name Dropper First Anniversary First Post I've helped Parliament

    You need to check if the contractual notice for both sides 12months. 
    If it is then you will be due 12months pay. 
    Depending on how and when they terminate the service for redundancy may sick over another year. 

    Statutory notice(at time of giving notice) would be 
    1 week per year employer to employee
    1week employee to employer 

  • Hi all, I'm not actually at threat of redundancy (thankfully) at the moment but wanted to double check my understanding on it, I was asked to sign a new contract last year after being repositioned in the company, i now have a 12 month notice period and around 8 years of continous employment with them.

    If they do look at redundancies again this year and I do get selected, am I looking at 8 weeks notice period / pay or 12 months?

    Tried googling for myself and I'm getting confused. Thank you. 
    Did you really mean months?  The answer from getmore4less is based on it being so.

    If you meant your new contract says 12 weeks (not months) and that is the notice to be given by the employer, then you would be entitled to either work that notice or be paid for any time not worked.

    Your contractual notice is whatever is included in your contract.  It is not (unlike avawat's reply) one week for each year of service (in your case that would be 8 weeks).  Avawat is stating what the statutory notice period is but your contract overrides that as contractual notice can be longer but not shorter.
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