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redundancy under administration #441950
8th Nov 2010 12:02pm
8th Nov 2010 12:02pm
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xfpiriffy Offline OP
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can anyone tell me where i stand in the following circumstance please?
i was working for the rok group and took early redundancy and now the company has gone into administration
can anyone tell me where i stand on my redundancy pay?


thats interesting!
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Re: redundancy under administration [Re: xfpiriffy] #441955
8th Nov 2010 12:16pm
8th Nov 2010 12:16pm

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Unfortunately when a firm enters into insolvency there is not a lot of money left so there is a risk you could receive no redundancy. Administrators will normally try to pay staff their wages or some compensation where applicable.

The official receiver should notify all employees of what has happened and give you some forms to fill in so you can recoup some of the money that is owed to you. Any claim you make will be sent from the Redundancy Payments Office and HM Revenue & Customs. Your old employer should be able to tell you who is acting as the administrator if you do not already know.

There are measures in place by the government to try and make it so that everyone who works for a company that goes into liquidation gets some basic payoff.


Re: redundancy under administration [Re: ] #441963
8th Nov 2010 12:50pm
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xfpiriffy Offline OP
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thanks for the info paul


thats interesting!
Re: redundancy under administration [Re: xfpiriffy] #441966
8th Nov 2010 12:54pm
8th Nov 2010 12:54pm
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Originally Posted by riffy
thanks for the info paul

hope you get sorted mate!


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Re: redundancy under administration [Re: TRANCENTRAL] #441969
8th Nov 2010 12:57pm
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xfpiriffy Offline OP
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nice one t.c


thats interesting!
Re: redundancy under administration [Re: xfpiriffy] #441971
8th Nov 2010 1:04pm
8th Nov 2010 1:04pm
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Some companies transfer the redundancy funds to another (financial) company for administering them, if this is the case and your redundancy funds are already allocated to you then there is a (slim) chance that you may be ok as the funds maybe outside the assets of the ROK group.

Best of luck


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Re: redundancy under administration [Re: diggingdeeper] #441978
8th Nov 2010 1:38pm
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thanks for the info d.d smile
i currantly digesting every bit of info i can regarding this!!


thats interesting!
Re: redundancy under administration [Re: xfpiriffy] #442003
8th Nov 2010 3:13pm
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