-
ReAct
Hi I am being made redundant (should be getting my 2 months notice this week) I am going to apply for the ReAct grant, they fund people that are made redundant to learn new skills to get back to work (Wales only I think) I have had one meeting with Careers Wales (they need to assist the application) but they are very slow!…
-
redundancy help ?!?
Hi, Can anyone help me with the situation I’m in? I have been told that the logistics team that I work with will be made redundant on the 31st October 2010 due to some work being transferred to the parent company in France. The company has given me details of the redundancy package and followed procedure correctly. My…
-
Redundancy - can i turn down these 'suitable' alternatives?
I work for a large organisation that has offices all over. The branch i work in is closing down though. We have been told that hopefully there will be no compulsory redundancies as we shall all be transferred or redeployed. The nearest office would be a 70 mile round trip for me thats in the job that i do..however there is…
-
Redundancy - what should I do with my old pension fund?
I was made redundant from my previous employer and I left them last month. I've already started a new full time job. I've just received a letter from my ex-employer, asking what I want to do with the pension fund that I've built up. It says that I can either let my benefits remain within the scheme, or I can transfer my…
-
final meeting regarding redundancy
HI, Could you please advise? I have just received letter that i have scored the lowest against the criterias and they will meet finaly in 2 days time. (I am off on that day and they know about it).Letter says, If the deciscion will be confirmed on this meeeting, redundancy note will be issued to me. There is no info in my…
-
Should i go or should i stay?
I have worked for a bank for 30 years plus and have the opportunity of redundancy. I am single live in my own property with a very small mortgage of10k.If I leave I will receive a redundancy payment of about 50k plus I can take my pension early( a lump sum plus an annual pension of 12k)this has been reduced cos I will be…
-
acas:best time to phone / best way to contact
hiya folks, I've phoned the 0115 number (cheers SayNoTo0870) on 8 occasions, at different times during the day and up to 8pm. Every time i get a recorded message saying that they can't even put me in the queue, and that I have to phone back. Does anyone have any advice on contact method or on a time of day when it's…
-
Is there a time limit on redundancy paynent being made?
Hi oh been told he is redundant.Yes being told! Its along mixed up story .His boss just thought he could save money that way so we are having to sort this mess out.We know his rights and have requested payment. His boss tried to make out he was shocked that he would have to pay our after 6 yrs. Anyhow we just would like to…
-
Spend savings OR Borrow?
Hello, I am looking at buying into a photography franchise having being made redundant. This will cost around £15,000 and i currently have £8,000 savings. I have a car which is currently costing £345 a month (a bill i would like to eliminate) Should i use my savings to pay the £6,500 balance off my car and go to the bank…
-
Redundancy and CA
Help... I am sure this is an easy question for some tax expert I am being made redundant on 15th March and I am being offered the following. a) A redundancy payment of £18,526.88 including a statutory redundancy payment of £7,410 b) Payments and benefits in lieu of 6 months notice as follows: (1) salary: £24,602.50 (2)…
-
What to do?
Can anyone suggest the correct Course of action? Sons GF worked at a large Garden Centre ( National Name), while she was on Holiday a Concession Store was opened up within the main store and she was 'transferred' to the Concessions employ...a Co NOT connected with the main store in ANY way except paying Rent! The…
-
Public sector redundency?
Has there ever been any forced redundency in Public sector? Given what's going on with economy etc... what's the odds of some government either current or some conservative government using forced redundencies to save public expense? If that happens - do the people getting made redundent get any 'payoff' or are they just…
-
Redundancy help
Hi Please advise on the following situation........ Both myself and a colleague have been advised that we are at risk of redundancy and a decision will be made by the end of the week. I am currently a buyer and a stores operative and am extremely busy all the time. I have suffered various bouts of stress and am currently…
-
Ehanced payment minus statutory...I'm confused
Hi All, My employer has drawn up my CA for me to sign but I am confusiod about my enhanced package. It states in my contract that the enhanced package is 3x weeks per year worked which is great but in the CA the figure is say £10000 the have deducted the Statutory payment of say £2000 why? surely 3x means 3x...why deduct…
-
enhanced redundancy scheme???
A friend is about to be made redundant (his job goes) . His employer always pays > than statutory redundancy pay, although this is not contractual nor is the calculation of the enhancement defined. (though he believes a formula for the calculation exists). Due to his age and circumstances there are a number of questions…
-
at risk of redundancy
my other half has just been informed he is at risk of redundancy. he has seen his redundancy selection criteria and feels he has been marked unfairly low in some parts of it, can he challenge this when he goes for his meeting.
-
what are we entitled to after redundancy
Hi to all, Im due to take vol redundancy about june-sept this yr and will be going on a college course asap to learn plumbing and heating once im made redundant, ill be walking away with approx 40k, i live with my wife who doesnt work and we have 3 young children under 6, i have also 3 other children who im paying csa for…
-
Advice on Redundancy
I started working for a company on 1st Nov 2001. I earn £38k pa. They have just announced that they will be looking for volunteers for redundancy. Can someone please tell me how much the minimum payment I could expect is and how much notice they will either need to give or pay me for and do I get paid the notice at my…
-
Smp and tax - help??
Just wondered if anyone can help me on the whole redundancy and tax thing? I am pregnant and being made redundant on the 31st March. As I qualify for SMP they have told me they will pay me it in a lump sum on the 25th April. My question is that normally I pay 40% tax on my wages. However I know the tax year runs from April…
-
BEing made redundant 1/7 ..can I leave early?
I've had a letter that my job is at risk but have been offered a good voluntary redundancy package.I have until 5th April to accept this. In the letter it states that they want to hold on to me until 1st July when the re-org finally takes place to "maximixe my experience and assist with the re-org" - but I have an eye on a…