I Have Been Made Redundant – What Payments Should I Receive?
This blog deals with what financial payments you should receive from your employer if you have been made redundant.
This blog deals with what financial payments you should receive from your employer if you have been made redundant.
Here at Lincs Law Employment Solicitors, we understand that being made redundant can put significant pressure on you and your family. In these circumstances, it is very important you understand what payments you should receive. As specialist employment solicitors, we are here to help you. Please read on to find out more.
Being made redundant, understandably, puts pressure on you and your family. However, if you have been made redundant, it is important you understand what payments you should receive. Please read on to find out more.
From 6 April 2022, The Employment Rights (Increase of Limits) Order 2022 increases the limits applied to certain awards of the Employment Tribunals, and other sums payable under employment legislation (such as statutory redundancy payment rates). Read on to see details of the increases to ensure you receive your correct entitlements and are not caught out by employers using the old rates when calculating exit payments.