Friday, August 5, 2011

I am facing Possible Redundancy and haven't been paid recently any advice please?

Good thing you are already looking for another job, because the one you have is likely dead. If the company goes into bankruptcy, employees' claims for back wages go before bankruptcy court. In the US, the state Dept of Labor handles these claims, and state & federal laws determine priorities for payment of claims. While I don't know UK specific details, the process is similar. There is very rarely enough to pay all the employees' back wages and benefits. And it can easily take a year or more to divide up what is available among claimants. If it's a small biz, your chances of recovery are slim to none, and slim quite likely fell off the cliff just about 4 weeks ago.

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