Redundancy Query

DMGACC

I work in an accountancy firm as trainee accountant for past 3.5 yrs. I had all exams completed within first year but obviously have to work out my 3 years before I qualify (due to graduate in november). For the past year I have been working as a senior in the office/ managing client list etc and have been told I have a future in firm.

However, of late work has slackened off and a lot of junior people have been laid off and firm has become a bit 'top heavy'. Reading between the lines I think I could be next to go.

My question is as I have worked over 2 years am I entitled to redundancy or could my employer claim I was only employed on a training contract even though I have been working as a senior for a year now (and i had been told I had a future with the firm before that also). I have never signed a contract here.

Any responses greatly appreciated.

smcgiff

I'm confused - If you are not ACA then you have enough years to be qualified, but if you are ACA then you have to be under contract to qualify.

Anyway, my understanding is that you would be entitled to redundancy after two years. 2 weeks per full year plus one week - capped at something like €650 per week.

tipptop2008

If you're still in contract or just out of contract the firm can get rid of you for free. As you are only working as part of a training contract you are not really an employee of the firm. Its only once you finish your contract and sign a permanent contract will the time start that you're working there for eligibilty for redundancy.

I'm out of contract in October too and expecting to be let go too without any payment. Think some of the big 4 have already told some ppl that they are not been kept on and are not getting any money.

DMGACC

smcgiff wrote: »

I'm confused - If you are not ACA then you have enough years to be qualified, but if you are ACA then you have to be under contract to qualify.

Anyway, my understanding is that you would be entitled to redundancy after two years. 2 weeks per full year plus one week - capped at something like €650 per week.

I am doing CPA. Have required 3 years done but as graduation is only once a year I have not graduated yer. I have not signed a training contract and have not being working as a trainee for last year as such but my worry is if they leave me go I'll be told I was only there on a training contract as a way of getting rid of me without paying redundancy.

smcgiff

DMGACC wrote: »

I am doing CPA. Have required 3 years done but as graduation is only once a year I have not graduated yer. I have not signed a training contract and have not being working as a trainee for last year as such but my worry is if they leave me go I'll be told I was only there on a training contract as a way of getting rid of me without paying redundancy.

Ah fine - so at least you'll have no trouble getting your letters.

How can they claim you were on a training contract if you didn't sign a contract?

BTW, if I were in your position and had to look for a new job I'd definitely be putting down that I was qualified!

BTW X2 - your firm will get 60% of your redundancy back in a rebate, so unless they're right stingy *Beep*er's they should look after you.