Salary when made redundant?

[Fetchez la vache]

Hi all.

Looks like the company I work for has gone belly up today.. there's alot of it about.

We were due to be paid on Friday, but today were basically told that since they dont have the momey to pay last months, and various services have been cut off today that if we turn up to work (mute point a I work from home) then its up to us.

Anyway, I was wondering what the chances are of getting my 1 months back pay and unpaid expenses, in the instance where the company is insolvent.

I'm currently assuming zero chances. I guess I'll be signing on. New one on me this redundancy lark...

[sploosh]

Could be ok.

When the place I used to work for went into administration the staff were able to get compensation for lost wages and notice period.

Took a while to come through and I seem to remember they had to make an application to a fund, but sorted after about 3 months.

The administrators should be able to point you in the right direction.

Hope you're able to sort yourself out as soon as possible. Bad times.

Edited by sploosh on Monday 23 February 20:50

[Fetchez la vache]

Cheers Sploosh.

Luckily I've got a bit of a buffer, but others haven't.

[BigAlinEmbra]

http://www.insolvency.gov.uk/pdfs/guidanceleaflets...

National insurance fund is what you're looking for.
Fingers crossed you find another job soon.