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by diggingdeeper - 8th May 2025 8:12am
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Joined: Mar 2010
Posts: 196
Enthusiast
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OP
Enthusiast
Joined: Mar 2010
Posts: 196 |
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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PaulWirral
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PaulWirral
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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.
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Joined: Mar 2010
Posts: 196
Enthusiast
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OP
Enthusiast
Joined: Mar 2010
Posts: 196 |
thats interesting!
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Joined: Apr 2008
Posts: 13,487 Likes: 1
Green Meanie Wiki Master
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Green Meanie Wiki Master
Joined: Apr 2008
Posts: 13,487 Likes: 1 |
hope you get sorted mate!
![[Linked Image]](http://img268.imageshack.us/img268/9940/334766523006ccdm3.jpg) Please do not adjust your mind, there is a slight problem with reality
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Joined: Mar 2010
Posts: 196
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OP
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Joined: Mar 2010
Posts: 196 |
thats interesting!
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Joined: Jul 2008
Posts: 14,491 Likes: 31
Wiki Master
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Wiki Master
Joined: Jul 2008
Posts: 14,491 Likes: 31 |
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
We don't do charity in Germany, we pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn https://ddue.uk
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Joined: Mar 2010
Posts: 196
Enthusiast
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OP
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Posts: 196 |
thanks for the info d.d  i currantly digesting every bit of info i can regarding this!!
thats interesting!
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Joined: Nov 2008
Posts: 8,735 Likes: 25
Wiki Veteran
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Wiki Veteran
Joined: Nov 2008
Posts: 8,735 Likes: 25 |
God help us,
Come yourself,
Don't send Jesus,
This is no place for children.
Bertieone.
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by diggingdeeper - 19th Jul 2024 11:05am
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