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| *The Commerce Journal>>>Other - Careers & Employment |
UK QUESTION - Redundancy - can anyone point me to a site or answer some simple questions please? |
Hasn't happened yet, but I hear reliable rumours. If you are UK based, then : Hi, redundancy in law is still worked out on age and service you need be be at least eighteen with two years service after that you get one weeks pay for each complete year,the timing is from the date you start and age from your date of birth,when you reach forty you get a extra half weeks pay up to a maxium of twenty nine weeks,if you have holiday entailment you'll get that as well,you will also get any pay due to you if you have time worked in hand ,most larger company's have made agreement with trade union's over redundancy and usually the agreement betters the state system,if so then you might be entailed to a company pension this can give you a lump sum to and a pension payable each month,you'll receive a notice of entailment from your employer given you time to thick it over along with all the information you'll need don't bother with legal moves it will just tack longer to sort out and cost you www.absolutesolution.co.uk - its free |
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