my wife has today learnt the firm she has worked 13 years with is now in receivership. unfortunately she has been off ill for about five months and in fact has finally received her long awaited surgery and was looking forward to returning to work.will being off and the fact she was only receiving a small amount of sick pay (not paid by her employer )effect any redundancy she should receive ?
nope, i think time on statutory sick might be taken off your time in service but its not considered earnings from the company. there is a very good section on redundancy on the directgov website, it certainly helped me when i was made redundand a few years ago
Its so long since I worked for a company as an employee (apart from my own) so I'm not up to date on redundancy pay, but a lot of people get really excited when they think they are going to get a huge payout and then get really upset when they don't get it......... .......so, here's what I recall: After two years of service, you are entitled to basic redundancy pay...........therefore on the face of it, the OPs wife is entitled to 13 years worth...........'worth' being the appropriate word. That means one weeks pay per year of service.........but just suppose she is paid £500 / week and the National Average is £100/week, all the employer has to pay is £100/week..........so the OP's wife would get £1300. However, if she was paid £80 / week, she would be entitled to 13 weeks at £80, not 13 weeks at £100. So I hope the OP's wife's company liquidators look after the personnel, but invariably when a company goes under, the big creditors are paid first and the small ones last......................so a good number of employees get nothing. I'm sure I'm right about one week per one years service, but in the back of my mind, do monthly paid employees get one month? Nah, I'm sure they don't. AL
the employer has to pay 1 weeks earnings per year worked, up to a maximum of £450 per week, if they have been employed for 2 years or more. ages and employment length do load this though, there is a full calculator on the directgov website :smile:
Wouldn't be a problem if she had worked for the BBC. The statutory minimum payout can a paltry amount in relation to salary due to capping.
