It depends on whether your contract of employment gives your employer discretion to make a payment in lieu of notice. Your employer must give you a lump- sum payment if. Redundancy pay or pay in lieu of notice?If you die before you receive your redundancy payment, the payment will be made to your personal representative. You may be invited to take voluntary redundancy, but this should still qualify as a dismissal by reason of redundancy.

Do i pay tax and ni on my redundancy payment?Am i entitled to my notice period in addition to the redundancy payment, even if i don't work it? A free initial consultation by e- mail is also offered to city redundancy users.

Will i receive a redundancy payment. Minimum 26 weeks' pay or £7, 540 £7, 280 before 1 february 2006 , whichever is the lower. Remortgage no fees. Selecting employees for redundancy fairly identifying the pool for selection. The existing age bands used to calculate statutory redundancy pay will remain.

You will receive a lump sum payment if:. Ypm briefing: redundancy - managing the process. There are no deductions on your redundancy payment up to £30, 000. You will be entitled to a payment under the act only if the reason for your dismissal is redundancy. The rights to redundancy payments and collective consultation are claimed separately from unfair dismissal. Your employer must give you a lump- sum payment if.

Am i still entitled to a redundancy payment?The 'calculation date' is the date on which your employer gives you the minimum notice to which you are legally entitled. Mortgage lead. Many employers will only pay the statutory minimum redundancy pay, whilst others are far more generous, for example, 1 months gross salary for every year worked. That the government's approach on objective justification and the national minimum wage youth rates was not backed up by low pay commission research. Remortgage calculator. Who qualifies for a redundancy payment?total mortgage protection

This must be above the statutory minimum if your job is being made redundant. Interestingly however, the potentially indirectly discriminatory two- year qualifying period to be eligible for a redundancy payment will remain. In order to overcome a redundancy situation an employer would have to offer an employee "suitable alternative employment". Debt calculator. When is a redundancy payment due? In cases where the employment contract is not specific, the employment rights acts 1996 lays down minimum notice periods. Foreign currency mortgage. Minimum wage levels - up to date figures.

Both statute and case law determine redundancy obligations and rights. The current maximum payment is therefore £8, 700. No early repayment charges. How much is the national minimum wage?Payment is based on an average week's pay i. E. Up to 260.

You should be consulted about the redundancy. I am confused about what effect the new age discrimination regulations will have on redundancy pay. Where am i - payment criteria. The maximum number of years continuous service that can be counted for statutory redundancy payments purposes is 20. Seeks to ensure that if redundancy occurs, it is handled in accordance with the law.