Question about redu...
 

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[Closed] Question about redundancy

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Supposing I took a new job, but still with my current employer...
If my employer went bust, would my redundancy payout be calculated from when I began with this employer or from when I started the new role?


 
Posted : 27/08/2015 3:10 pm
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From when you started working with the company


 
Posted : 27/08/2015 3:11 pm
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...however, your terms could change if its a promotion. I moved from a contract offering 3 weeks pay for each year employed to one offering 2. I didnt get a 50% pay rise so would be much worse off in the event of redundancy.


 
Posted : 27/08/2015 3:14 pm
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If you don't change company then from the start of your employment. Be careful if your new job is technically with a differently entity/company within the same group. When I took a new job abroad I got it written into my contract that "continuity of service" ran from my original start date for exactly the reason stated above plus other employment law protections


 
Posted : 27/08/2015 3:17 pm
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If your employer goes bust then you havent lost your job through redundancy and you probably wont be liable for a redundancy payout.


 
Posted : 27/08/2015 3:20 pm
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What edward2000 said.

I moved into a new role at a previous employer and was subsequently made redundant after 9 months. My 14 years of previous service still counted.


 
Posted : 27/08/2015 3:42 pm
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If my employer went bust, would my redundancy payout be calculated from when I began with this employer or from when I started the new role?

You would get the redundancy pay from the government redundancy office, and its not a lot.


 
Posted : 27/08/2015 6:55 pm
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£480 per week for each week worked

1.5 weeks per year after 42

Capped at 20 weeks iirc


 
Posted : 27/08/2015 7:12 pm
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You would get the redundancy pay from the government redundancy office,

Only if/when your ex-employer is officially wound up. I have an ex-colleague who wound up his former employer himself so he could then get statutory redundancy pay, was a fair bit of work apparently.


 
Posted : 27/08/2015 7:47 pm