At Banner Jones, our Employment Law experts in Chesterfield, Sheffield and Mansfield offer expert Redundancy rights advice as well as up to date guidance on redundancy laws.
Redundancy is something that we hear far too often at the moment, but it is an unfortunate fact that most people will go through this at least once in their working life. Being fully informed on your redundancy rights is essential if you are facing redundancy by your employer. At Banner Jones we have expert employment solicitors who are continuously ensuring that they are up to date with the latest on redundancy laws; that way we are able to offer expert redundancy rights advice to all clients.
The law sets out the situations in which a redundancy can arise, but even if the situation you are facing falls within the legal definition of a redundancy, the law still requires your employer to adopt a fair and reasonable procedure. This can include many things and we can offer you advice and support to ensure that you understand the process so that you can make informed decisions and can engage as fully as possible.
If your employer goes into administration and cannot pay your wages, what can you do?
If your employer goes into administration and no one steps in to buy the business from the administrator, you will normally be made redundant. Your employer would usually be insolvent at that point, meaning that there may not be any funds available to make redundancy payments. In this situation you can claim payments from the National Insurance Fund within 6 months of your dismissal. The National Insurance Fund is operated and managed by the Redundancy Payments Service, to whom employees make their application for repayment.
These are the types of payments that can be claimed, with the payment cap currently standing at £538 per week:
- Up to eight weeks’ wages
- Arrears of holiday pay for a period of up to six weeks
- Payment for any statutory notice period that was worked but not paid (up to 12 weeks maximum)
- Unpaid pension contributions
- The basic award for unfair dismissal
You can find out more about how to make a claim on the GOV.UK website.