An employment contract will generally state the notice period an employer must provide if a member of staff is made redundant. If you’re facing this situation you should be paid for this statutory notice period, or alternatively, receive pay ‘in lieu of notice.’
Statutory notice periods in a redundancy process depend on the length of time you’ve worked for your employer:
You may also be eligible to contractual notice, which could be the same length of time as statutory notice. It can also be longer, but not shorter in duration.
You should receive your normal full pay for the entire statutory notice period if you work your usual hours. This also applies if you’re on holiday, sick leave, maternity, paternity, adoption, or parental leave.
You’ll receive your full pay if you’re at work. If not, and you’re on holiday or on sick leave, for example, your usual rate of holiday or sickness pay will apply.
In a redundancy process it’s common for employers to pay staff ‘in lieu of notice.’ This means you won’t work a notice period and your employment ends straight away, but you should still receive the full amount of notice pay as described above.
For more information on notice pay in redundancy, and how much you may be entitled to, contact our expert team at Redundancy Claims UK. We’ll assess your situation and ensure you understand your rights in the process. RCUK are Authorised and Regulated by the Financial Conduct Authority. Authorisation No 830522. You can check our registration here.
Does accepting a new job offer before the date of redundancy prevent a director making a claim for redundancy to the RPS
If you are looking to close your limited company, you may have attempted to strike it off by submitting a DS01 form to Companies House. This process is also sometimes referred to as dissolving or company dissolution.
A Creditors’ Voluntary Liquidation (CVL) is an official procedure whereby a company’s assets are liquidated in order to pay creditors. It’s typically initiated by directors when their company becomes insolvent and there is no hope of business recovery.
Redundancy claims are a very professional company, Caroline who is dealing with our case is friendly, compassionate and very clear in explaining everything during this difficult time. The service we have received has been amazing, Thank you.Tina Hill Director of a professional services firm