Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Confused about redundancy situation

  • 29-01-2011 3:08am
    #1
    Under A Funeral Moon
    Closed Accounts Posts: 230 ✭✭


    Yet another redundancy thread, so my apologies in advance.

    I found out today that I'm being made redundant. Happy days! :rolleyes:

    I've been working for the company for 2 years and 4 months full time. I was given two weeks notice and the offer is as follows:

    2 weeks pay (for notice period)
    20 holiday days
    9 bank holidays

    As far as I'm aware, I'm also entitled to an actual redundancy payment, rather than being fobbed off with holiday pay - which I'm entitled to, anyway.

    Shouldn't I also be getting:
    * Two weeks' pay (subject to a maximum of €600 per week or €31,200 per year) for every year of service
    * One further week's pay

    I've used the online redundancy calculator, so I think I should be getting the below in addition to the holiday pay.
    Lump sum due to Employee: 5.86 x €600.00 = €3516.00

    I hope someone can clear this up for me. Much appreciated!


Comments

  • #2
    watna
    Closed Accounts Posts: 10,367 ✭✭✭✭watna


    It depends on what it's in your contract, as far as I know. What does it say about redundancy there?


  • #3
    Nody
    Moderators, Category Moderators, Arts Moderators, Business & Finance Moderators, Entertainment Moderators, Society & Culture Moderators Posts: 18,402 CMod ✭✭✭✭Nody


    Well you'd be entitled to 5.33 weeks pay (4 weeks for the 2 years, +1 week for redundancy + 4/12 week for the 4 months). You're entitled to your actual holidays up to the last working day (not the full year) and any bank holidays for the same period.

    Not knowing your salary I can't say if you would get the full 600 a week or not but the above assuming so would put you at 3200 EUR redundancy + outstanding holidays etc.


Advertisement