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who pays redundency ?

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captainkirky | 16:46 Sun 07th May 2006 | Jobs & Education
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hi i have worked at the same place for over 10 years,and we have just been told that the site is to close in sept/oct.now i am being told different stories regarding redundency .some people are saying that the company pay out redundency(and will try and pi** you off to avoid paying out ) others are saying its govenment that pays it so thet wont try any dirty tricks-p.s. i know thats its �290. for each year
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The company pays unless they are insolvent in which case the Government will pay.

http://www.dti.gov.uk/employment/employment-legislation/employment-guidance/page15686.html
Also, if your employer does not pay or says that you are not entitled to a payment you should write to your employer asking for payment or take the matter to an employment tribunal, or both. You must act within six months of the date your employment ended.

If your employer cannot or refuses to pay, and you have done everything you can to get your payment, you can apply for a direct payment from the National Insurance Fund. But you must have applied in writing to your employer for a payment within six months of the date your employment ended, or applied successfully to an employment tribunal within the six months after that.
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thanks for the quick reply

Where have you had the figure of �290 from? It depends on how long tou have worked there, how lmuch you earn etc. Some employers are more generous than others.


I was recently made redundant and my employers paid 3 weeks wages for each year of consecutive service. I had been there 3 years so got nine week wages. Using your figures I would have got less than 3wks!

�290 is the maximum weekly wage used to calculate statutory redundancy pay for those entitled to claim from the National Insurance Fund.

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