Redundancy and extra hours

oliel

A couple of questions if Im made redundant what redundancy would I be entitled to?   Started at company Apr 2008 aged 35 at the time (4 weeks notice) required by both parties) - no mention of redundancy terms on my contract.   Also if my contract says the employee will be remunerated for additional hours outside normal hours where needed when given reasonable notice by the employer - what is reasonable notice?   Thanks

Brie

Different companies have different redundancy policies - some will be the basic legal requirement and others are greatly enhanced.  So you'll need to get your company to tell you what you are entitled to. 

So the gov.uk site states:

Calculate how much statutory redundancy you can get. It’s based on age, weekly pay and number of years in the job.

Your weekly pay is the average you earned per week over the 12 weeks before the day you got your redundancy notice.

So to get an indication add up how much you have earned - before tax or other deductions - for the last 12 weeks and then divide by 12 to get the average.  Then you need to multiply that by how many years you worked until you were 41 years old.  And you need to multiply the average weekly wage by the number of years from when you were 41 until when you are made redundant.  Add the 2 together gives you your redundancy pay.  It may be as much as 20 weeks normal pay, with anything up to £30k not being taxable. 

Calculate your statutory redundancy pay - GOV.UK

You should at the bare minimum get 4 weeks notice as that's your contracted notice period or be paid time in lieu if less notice is given.

One of the things to watch out for is that some companies are very strict about you not applying or looking for work prior to redundancy.  And certainly don't hand in your notice as that will likely mean no redundancy payment will be due as you are quitting.  

But best to find out what the company says and then come back and ask more questions if you are still confused.