When a company becomes insolvent, employees may claim redundancy, unpaid wages, holiday pay, and notice pay from the Redundancy Payments Service, providing vital financial support during an otherwise uncertain and distressing time.
When payroll becomes unaffordable and redundancies feel impossible, directors face serious legal and emotional pressure. This article explains duties, risks, realistic alternatives, and why early professional advice can protect both staff and directors.
Facing redundancy can be a challenging and uncertain time, but it's crucial to be aware of your rights as an employee during this process. Knowing how to make a claim and understanding what you're entitled to can help ease the financial burden. We've put together a comprehensive guide to redundancy and your rights.