Your employer should pay you your redundancy pay on the date you leave work, or an agreed date soon after. They’ll pay you in the same way they paid your wages, for example into your bank account.
Do you get redundancy pay on the day you leave?
If you’ve been made redundant, your employer will normally pay you either on the last day of your notice period, shortly afterwards, or on your next pay day. Your employer should give you a written statement showing how any payment has been worked out.
What is my notice period if I am made redundant?
The statutory redundancy notice periods are: at least one week’s notice if employed between one month and 2 years. one week’s notice for each year if employed between 2 and 12 years. 12 weeks’ notice if employed for 12 years or more.
When do you get redundancy pay if you are made redundant?
If you’re made redundant on or after 31 July 2020, the rules make clear that any statutory redundancy pay you’re due MUST be based on your normal wage.
Can a company ask you to go on holiday after redundancy?
Your employer CAN require you to take your annual leave. Employers can ask you to take holiday. The fact that you’ve been given notice of redundancy does not stop this. However, your employer has to give twice as many days’ notice as the amount of holiday it wants you to take.
When does redundancy happen when an employer is insolvent?
Redundancy happens when an employer either: doesn’t need an employee’s job to be done by anyone, or becomes insolvent or bankrupt.
What do you get if you are made redundant in Northern Ireland?
A redundancy payout is essentially compensation for your loss of work. Here’s how it works: You get statutory redundancy pay as a minimum, provided you’ve worked for your employer for two years or more. The limit is currently £538 a week (£560 in Northern Ireland) if you were made redundant on or after 6 April 2020.
