{"id":3091,"date":"2023-06-28T14:19:30","date_gmt":"2023-06-28T06:19:30","guid":{"rendered":"https:\/\/www.pacificprime.co.uk\/blog\/?p=3091"},"modified":"2023-06-28T14:21:05","modified_gmt":"2023-06-28T06:21:05","slug":"your-guide-to-redundancy-in-the-uk","status":"publish","type":"post","link":"https:\/\/www.pacificprime.co.uk\/blog\/your-guide-to-redundancy-in-the-uk\/","title":{"rendered":"Your Guide to Redundancy in the UK"},"content":{"rendered":"

Being made redundant can be a horrible feeling. Not only is your self-worth as an employee affected, but you\u2019re also left without a paycheck. Thankfully, the law guarantees some basic rights for those made redundant. From redundancy pay to help finding work, this guide tells all.\u00a0<\/span><\/p>\n

Think about it: You may dedicate years to an employer, working hard to meet company goals. To be suddenly dismissed for factors outside your control can be very hard to digest and you may feel like a part of you has been taken away.\u00a0<\/span><\/p>\n

On top of that, the UK is facing a cost of living crisis that may make paying your bills harder. While you may be able to find another job, it\u2019s not guaranteed that you can find one immediately. You may have to rely on your savings, which can be a stressful and anxiety-inducing scenario.\u00a0<\/span><\/p>\n

So, exactly what are your rights? And how do you go about claiming it? Let\u2019s find out.\u00a0<\/span><\/p>\n

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\"Corporate<\/a><\/p><\/div>\n\n

Being Made Redundant in the UK<\/span><\/h2>\n

If you\u2019re made <\/span>redundant in the UK<\/span><\/a>, you\u2019re entitled to redundancy pay, a paid notice period, and any money owed to you by your employer such as unpaid wages. Your employer will pay you these directly. In case your employer has become insolvent, you\u2019ll get paid by the <\/span>Insolvency Service<\/span><\/a> instead.\u00a0<\/span><\/p>\n

Struggling with the cost of living crisis? You might be eligible for <\/span>household support<\/span><\/a> like a cost of living payment, energy-saving tips, and more.\u00a0<\/span><\/p>\n

What to Do If Your Employer Has Gone Insolvent<\/span><\/h3>\n

Being paid by your employer is straightforward, but it\u2019s not the case if your employer has gone insolvent and you need to get paid by the Insolvency Service instead. You\u2019ll need to apply online, but wait until the date* your employer went insolvent to do so.\u00a0<\/span><\/p>\n

*The date your employer went insolvent can be found on your factsheet. Alternatively, you can also contact the insolvency practitioner handling your employer\u2019s insolvency for this information.<\/span><\/p>\n

Here\u2019s how:<\/span><\/p>\n

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  1. Make sure you have a CN number before you begin. If you don\u2019t have one, you can contact the insolvency practitioner.\u00a0<\/span><\/li>\n
  2. Complete the <\/span>online application<\/span><\/a> using the following information:<\/span><\/li>\n<\/ol>\n