We estimate your redundancy payment to be:
We estimate your holiday pay could be:
We estimate your arrears of wages could be:
We estimate your notice pay to be:
When a business becomes insolvent and employees are made redundant it can be a very confusing time. On this page we set what may happen when an Insolvency Practitioner is appointed.
If you are made redundant by an insolvent company this site is designed to help with practical issues, including whether, and how much, you can claim from the Government.
When your employer becomes insolvent, you may be made redundant either immediately or during the following weeks.
Alternatively your employment may be transferred to a new employer if the business is sold. If this happens the Transfer of Undertakings (TUPE) rules will apply. These are designed to protect your rights.
To find out more about the Transfer of Undertakings rules, click here.
If you have been made redundant by an insolvent company we suggest you:
Find out whether you can claim money from the Government and how much.
If you feel overwhelmed, disappointed, or any other negative feelings about your redundancy, you are not alone. If you need more information on coping with redundancy, read our pages about Impact on Relationships and Emotional Wellbeing.
When your employer becomes insolvent it's hard to know what to expect...
We have set out some information below to help.
Like all big life changes, redundancy can be very emotionally challenging...
These challenges can often have a knock-on effect in your relationships, so getting help and advice can make a big difference.
Coping with a big upheaval like redundancy can impact on your emotional well being...
Almost everyone faces some kind of emotional stress at some point in their life, seeking support is key.