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#441950 - 8th Nov 2010 12:02pm redundancy under administration
xfpiriffy Offline
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Registered: 7th Mar 2010
Posts: 196
Loc: here, there, everywhere
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?
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thats interesting!

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#441955 - 8th Nov 2010 12:16pm Re: redundancy under administration [Re: xfpiriffy]
PaulWirral
Unregistered


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.

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#441963 - 8th Nov 2010 12:50pm Re: redundancy under administration [Re: ]
xfpiriffy Offline
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Registered: 7th Mar 2010
Posts: 196
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thanks for the info paul
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thats interesting!

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#441966 - 8th Nov 2010 12:54pm Re: redundancy under administration [Re: xfpiriffy]
TRANCENTRAL Offline

Green Meanie
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Registered: 10th Apr 2008
Posts: 13463
Loc: Underground
Originally Posted By: riffy
thanks for the info paul

hope you get sorted mate!
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Please do not adjust your mind, there is a slight problem with reality. #backscovered

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#441969 - 8th Nov 2010 12:57pm Re: redundancy under administration [Re: TRANCENTRAL]
xfpiriffy Offline
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Registered: 7th Mar 2010
Posts: 196
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nice one t.c
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thats interesting!

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#441971 - 8th Nov 2010 1:04pm Re: redundancy under administration [Re: xfpiriffy]
diggingdeeper Offline

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Registered: 9th Jul 2008
Posts: 9984
Loc: Birkenhead
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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In a time of universal deceit - telling the truth is a revolutionary act. George Orwell

When the debate is lost, slander becomes the tool of the loser. Socrates

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#441978 - 8th Nov 2010 1:38pm Re: redundancy under administration [Re: diggingdeeper]
xfpiriffy Offline
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Registered: 7th Mar 2010
Posts: 196
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thanks for the info d.d smile
i currantly digesting every bit of info i can regarding this!!
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thats interesting!

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#442003 - 8th Nov 2010 3:13pm Re: redundancy under administration [Re: xfpiriffy]
bert1 Offline

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