Redundancy Pay

/V\etalfish

Right so,
I've just been given my two weeks notice as the Company basically is letting staff go.
My only problem is that I've been with this company *just* under the two years. Literally; I will have been with them 103 weeks at the end of my notice and I believe the cutoff is 104.

So my question really is: "Is there anything I can do (payments/redundancy wise) because I'm up ****s creek at the moment?"

I've asked would they extend it by a week and all they said was "Well that would be a cost to us."
:mad:

Two weeks is a very short period to get another job and get back onto a wage, specially since the ecomony is bad at the moment.

echosound

TBH, there's nothing really you can do. Even if you did meet the 2 year criterion, you wouldn't be entitled to much extra - I think statutory redundancy is only 2 weeks for every year you have worked, so at 2 yrs service, you would get tops 4 week's pay plus one bonus week, so basically a month's wage really.

The only route you have is to make sure you get all your holiday entitlements paid, any comission/bonus you are due, and hope that the company might give you a little "bonus" at their discretion. It sucks, happened to me last year too, let go a week before the two year period was up, and all I walked out of there with was my holiday pay that was due and a few hundred of a "bonus" the company gave me "as a token of our appreciation".


Unless you have a union campaigning for a redundancy package, there's little hope I'm afraid of you being able to change your situation.
see here for further info redundancy info

/V\etalfish

Yeah I was reading up on a few sites and it looks like I'm out of luck there, it's just the extra months pay would have tide me over so I could try and get a job in the line of work I want rather than a crap temp job until I find something better.

Thanks for the reply was really only a shot in the dark to see if there was anything I was missing.