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Retained by Administrators query

Cat666
Posts: 2 Newbie

Hi.
The company i worked for went into administration on the 28th August. A large portion of the work force were made redundant and issued their CN numbers to claim redundancy and notice from RPS. Myself and 6 others were retained by the administrators. We so far haven't been given any paperwork advising this nor have we been issued with redundancy notice letters. We have verbally been told that we will get paid on our normal payday. Rumour has it now that the administrators may have found a buyer but in what capacity i am not sure.
Therefore my queries are based on this info -
where do we "retained" stand
are we still employed and therefore if we walk now do we forefit any redundancy (i have 17 years)
do we have to accept new contracts with new employers and if we don't do we forefit redundancy
how long can the administrators retain us for
if new employers re hire already redundant staff who have made a claim to the RPS how is that fair on the retained staff (i am near retirement age and could have done with my 17 years of redundancy money)
lots of queries i know but just need some info before i "discuss" stuff with the administrators.
thanks
The company i worked for went into administration on the 28th August. A large portion of the work force were made redundant and issued their CN numbers to claim redundancy and notice from RPS. Myself and 6 others were retained by the administrators. We so far haven't been given any paperwork advising this nor have we been issued with redundancy notice letters. We have verbally been told that we will get paid on our normal payday. Rumour has it now that the administrators may have found a buyer but in what capacity i am not sure.
Therefore my queries are based on this info -
where do we "retained" stand
are we still employed and therefore if we walk now do we forefit any redundancy (i have 17 years)
do we have to accept new contracts with new employers and if we don't do we forefit redundancy
how long can the administrators retain us for
if new employers re hire already redundant staff who have made a claim to the RPS how is that fair on the retained staff (i am near retirement age and could have done with my 17 years of redundancy money)
lots of queries i know but just need some info before i "discuss" stuff with the administrators.
thanks
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Comments
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Cat666 said:Hi.
The company i worked for went into administration on the 28th August. A large portion of the work force were made redundant and issued their CN numbers to claim redundancy and notice from RPS. Myself and 6 others were retained by the administrators. We so far haven't been given any paperwork advising this nor have we been issued with redundancy notice letters. We have verbally been told that we will get paid on our normal payday. Rumour has it now that the administrators may have found a buyer but in what capacity i am not sure.
Therefore my queries are based on this info -
where do we "retained" stand
are we still employed and therefore if we walk now do we forefit any redundancy (i have 17 years)
do we have to accept new contracts with new employers and if we don't do we forefit redundancy
how long can the administrators retain us for
if new employers re hire already redundant staff who have made a claim to the RPS how is that fair on the retained staff (i am near retirement age and could have done with my 17 years of redundancy money)
lots of queries i know but just need some info before i "discuss" stuff with the administrators.
thanks
The buyer may have no interest in buying the company itself and therefore the administrators may make you redundant. If the buyer does buy the company itself then there is no change for you or if you are TUPEd across. You can refuse to be TUPEd but that is effectively resignation so same as above applies https://www.acas.org.uk/tupe/advice-for-employers-and-employees/if-employees-do-not-want-to-transfer
Administrators can retain you as long as the insolvency takes by which time there will be a buyer or the company is liquidated. You are still an employee of the original firm, just have new bosses running it.
If the people are rehired then they are new recruits and start working with 0 years employment so can be dismissed for any reason, other than protected characteristics, in their first 2 years of being rehired.0 -
And if you are Tuped, I believe you only retain your current benefits for 2 years unless the new employer says otherwise. So should they decide in 3 years that they want to make you redundant then they will only need to pay out on the basis that you have been with them for 3 years.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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Brie said:And if you are Tuped, I believe you only retain your current benefits for 2 years unless the new employer says otherwise. So should they decide in 3 years that they want to make you redundant then they will only need to pay out on the basis that you have been with them for 3 years.2
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so new development - looks like we have been bought out of administration. Which I suppose in the current market is a good thing but the flip side is the company is based in Telford - I'm in Stratford upon Avon. I don't particularly want to be travelling to Telford. What discussions can I now have with the new buyers regarding requesting redundancy - if any ?
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Cat666 said:so new development - looks like we have been bought out of administration. Which I suppose in the current market is a good thing but the flip side is the company is based in Telford - I'm in Stratford upon Avon. I don't particularly want to be travelling to Telford. What discussions can I now have with the new buyers regarding requesting redundancy - if any ?
If they've bought the whole company then it comes with you, the offices etc and TUPE doesnt apply as your employer hasn't changed. Its unlikely leases are such that they can be terminated right now so they may well continue operating from the current location in the interim.1 -
Brie said:And if you are Tuped, I believe you only retain your current benefits for 2 years unless the new employer says otherwise. So should they decide in 3 years that they want to make you redundant then they will only need to pay out on the basis that you have been with them for 3 years.
1. Terms and conditions can be changed less than year after a TUPE , subject ot the relevant consultations
2. if you are TUPEd your seniority and service dates are the date the started wit hthe original emplyer , not the one you were tuped to0 -
Cat666 said:so new development - looks like we have been bought out of administration. Which I suppose in the current market is a good thing but the flip side is the company is based in Telford - I'm in Stratford upon Avon. I don't particularly want to be travelling to Telford. What discussions can I now have with the new buyers regarding requesting redundancy - if any ?
if they have brought the company that went into adminstration then it's not a TUPE, if they have brought parts of the business then it might be a TUPE
regardless if they subsequently decide to close or move the current operation the retained staff with be put into a new potential relocation / redeployment/ redundancy pool and the clocks and consultation period / arrangments start afresh0 -
Many years ago I worked for a Public company - following a meeting I was asked by the administrators if I would stay on to sort various matter out. I was paid my salary and generous expenses for several months - I knew that at some point I would be made redundant but with the job market at that time I was better off working for the administrators. I was also paid a bonus when they finally dispensed with my services.If the company has been bought then the new owners may make you an offer of employment but you can refuse without effecting any claim you may have.0
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