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Redundancy rights: what you need to know if the axe fallsFriday, July 9 , 2010View the full story at: http://telegraph.co.uk ... /Redundancy-rights-what-you-need-to-know-if-the-axe-falls.html Redundancy rights: what you need to know if the axe falls Knowing your legal rights can help secure a better severance package, should the P45 land on your desk. But even before job cuts are announced, it pays to know what notice period you are on and the size of any redundancy payment due. You are entitled to work out your notice period or be offered pay in lieu. In addition, you will be entitled to statutory redundancy pay, employees aged 22 to 41 are entitled to at least one week's pay for every full year of employment; older workers get 1.5 weeks' pay.However, many employees get far better terms, for example one month's pay for every year worked; some public sector employees are even entitled to three months' pay per year. These should be in your contract and are known as your "contractual rights". View the full story at: http://telegraph.co.uk ... /Redundancy-rights-what-you-need-to-know-if-the-axe-falls.html Other UK Financial News
Product update - Mortgages
Nationwide Building Society: Product update - Mortgages Wednesday, November 30 , 2011
Nationwide Protects Your Money
Nationwide Building Society: Nationwide Protects Your Money Tuesday, November 29 , 2011
Nationwide Urges Chancellor To Maintain Stamp Duty Threshold For First-Time Buyers
Nationwide Building Society: Nationwide Urges Chancellor To Maintain Stamp Duty Threshold For First-Time Buyers Monday, November 28 , 2011
Product update: TMW Buy to let
Nationwide Building Society: Product update: TMW Buy to let Monday, November 28 , 2011
Nationwide supports New Build Indemnity Scheme
Nationwide Building Society: Nationwide supports New Build Indemnity Scheme Saturday, November 26 , 2011
Product Update: Cheshire Building Society Fixed Rate Savings Accounts
Nationwide Building Society: Product Update: Cheshire Building Society Fixed Rate Savings Accounts Saturday, November 26 , 2011
Product Update: Derbyshire Building Society Fixed Rate Savings Accounts
Nationwide Building Society: Product Update: Derbyshire Building Society Fixed Rate Savings Accounts Saturday, November 26 , 2011
One Year On, Nationwide Keeps Its Promises
Nationwide Building Society: One Year On, Nationwide Keeps Its Promises Saturday, November 26 , 2011
November 2011 House Price Index
Nationwide Building Society: November 2011 House Price Index Saturday, November 26 , 2011
Product Update: TMW Residential
Nationwide Building Society: Product Update: TMW Residential Saturday, November 26 , 2011 |
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