We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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 Pay
chipmunk
Posts: 529 Forumite
Hello, was just wondering if anyone could help.
I was made redundant (along with all other staff) on 9th January. I have today been given the breakdown of my redundancy package but there is no mention of how long it will be before this is paid.
The company are insolvent so the redundancy will be paid by the Government.
Does anyone know roughly how long it will be before I receive my redundancy pay?
Thanks
I was made redundant (along with all other staff) on 9th January. I have today been given the breakdown of my redundancy package but there is no mention of how long it will be before this is paid.
The company are insolvent so the redundancy will be paid by the Government.
Does anyone know roughly how long it will be before I receive my redundancy pay?
Thanks
0
Comments
-
Hi,
My dad went through 2 years ago and had to put in a claim to the DTI.
He did have to chase some elements of it up but in the end it took a couple of months before he received the payment.
He also initially got paid his notice, then had a seperate payment a month later for the redundancy itself.
If you have the breakdown it shouldn't take long. My dad contacted them about that and they gave him an idea of how long so perhaps you could check.:rotfl: It's better to live 1 year as a tiger than a lifetime as a worm...but then, whoever heard of a wormskin rug!!!:rotfl:0 -
Thanks for that Terry.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards