Well I have finally be told that my job is at risk and I am now vunerable to redundancy - the expected date that I could leave my job is around Christmas time (good timing eh).
I know this question has been raised in a few of my previous post but I have never really asked specific questions relating to it and my circumstances so here goes ..... I will receive £4,000.00 maximum.
1) At what point do I inform the OR if I am made redundant?
2) With regards to my redundancy payment will I loose it all or am I entitled to keep it all or a percentage of it?
3) Do I have to make a case to retain it e.g to pay for college course to retrain in an area of work.
4) £4,000.00 will probably help to pay my household bills for approx 4 months. Can this reason be used to try and retain some of the payout?
I'm three months into my BR now and the OR have informed me that they have concluded their investigations. I am now waiting to hear from the department that deals with property in order to buy the OR's interest back. I haven't been made subject to an IPA/IPO as yet and they haven't said either way regarding this matter yet.
Is there anyone on here who is going through or has been through BR and received a redundancy payment. If so what did you do or say and moe importantly what happened??
1. As soon as you have a firm date of the effective last day of work 2. You get to keep any normal pay, holiday pay, and pay in lieu of notice period, you have to hand over the full amount of any compensation 3.See above 4.see above
Redundancy Payments during BR
Posted - 21 October 2010 : 18:47:14
