Redundancy situations are extremely difficult for both employer and employee, involving considerations of fairness, procedure, notice, redundancy law, and sometimes tax
on redundancy payments.
The Daily Telegraph follows up this morning - on an Evening Standard report yesterday - with the story that London councils have spent # 200 million
on redundancy payments over the last two years.
Not exact matches
Leaving them with no jobs and no
redundancy pay, means that some staff are facing the very real prospect of defaulting
on rent or mortgage
payments and losing their homes.
Local authorities could seek to avoid
redundancies by freezing recruitment to unfilled posts, cutting overtime, bonuses and out - of - hours
payments, cut spending
on agency workers and consultants and extend part - time hours, the report suggested.
If you've doubts about the way your employer may have calculated your statutory
redundancy pay call the Redundancy Payments Helpline on 0330
redundancy pay call the
Redundancy Payments Helpline on 0330
Redundancy Payments Helpline
on 0330 331 0020.
Redundancy brings many pressures; worries over mortgage
payments, fears of finances falling apart, the stress of job - finding or strain
on a relationship (though some may feel the joy of release from a miserable job!).
The
redundancy calculator will provide an estimated statutory
redundancy payment based
on the user's entry of age, length of service, and salary.
A claim for unfair
redundancy and sex discrimination which settled with the member (who had very quickly secured alternative employment
on more advantageous terms and had received an enhanced contractual
redundancy payment) accepting the sum of # 15,000 in full and final settlement.
The disputes gave rise to test cases
on the application of key legal principles about the obligation to make
redundancy payments at the end of customer contracts
In case you choose Mortgage Protection
Redundancy cover, you protect your mortgage repayments, i.e. your monthly
payments you make to your lender for the mortgage
on your residential property.