Redundancy Entitlement
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The first query might be “Will I receive a redundancy payment?It is also the situation, that even where an employer could only pay the statutory minimum, they will add to the redundancy pay by adding a goodwill lump sum without reference to a precise method.
In turn the employee might be asked to sign a compromise agreement which will prevent you from bringing any subsequent unfair dismissal claim.Agreed.Directors can be employees if they work under a contract of employment.Have you recently been made redundant?The contract may be written or verbal or a combination.An employer can make an enhanced payment to take into account any shortcomings in the actual redundancy process and to ward off any potential tribunal claim.If so you may have certain questions in relation to your Redundancy Pay that you would like answered.You will also need to have been actually dismissed- i.A lot of employers regrettably will merely pay the statutory minimum redundancy pay, at the same time others are more charitable, for example, 1 month’s gross wages for every year worked.Self-employed people and members of a partnership do not qualify.You might be invited to take voluntary redundancy, but this should still qualify as a dismissal by reason of redundancy.You will be entitled to redundancy pay if: – You are made redundant If you have at least 2 years permanent service since 1 October 2006 there is no age constraint You should be working as an employee under an agreement of employment.Your next query might be “What are the payments?Generally, blue-chip companies and financial institutions are found to be more charitable with their pay.They are unlikely to qualify if they have a controlling interest in the business.
This is from time to time the case where the dismissal based on a supposed redundancy is on shaky grounds.By turning up to work for an employer there is an agreement of employment.A specialist employment law solicitor is best positioned to consult a severance package for you after taking into account the power of your claim.
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