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:
The length of time between being made redundant and having your claim paid can vary. The usual period is between 3 and 12 weeks. If there is a problem with your claim then it can take even longer. It is also possible that some or all of your claim may be rejected.
The Redundancy Payments Service, RPS, states that it aims to pay 80% of claims within 3 weeks of receiving the claim, and 93% of claims within 6 weeks of receiving the claim.
Before the RPS will pay a claim it must confirm with the Insolvency Practitioner that your claim matches the information held by your Employer. The Insolvency Practitioner obtains the information held by the Employer for all employees, and sends this information to the RPS.
The RPS does not start the clock on the payment process until after it has received this information from the Insolvency Practitioner. The time period between you being made redundant and your claim being paid can be delayed for a number of reasons:
Sometimes there is a difference between the information the Company provides to the RPS and the information that you have provided. If this is the case, then the RPS may require more information from you.
Remember also that your money will come in 2 payments.
The first payment is redundancy pay, arrears of wages and unpaid holiday pay.
The second payment is your notice pay. This can only be applied for after your notice period has finished. The good news is that the RPS normally pays the notice pay claim within 14 days after the application for notice pay has been made.
The RPS might reject your claim for a number of reasons:
The first step in your claim process involves verifying your identity...
We have prepared information and a step-by-step guide to help to make verifying using GOV.UK Verify easier.
Your RPS claim will most likely happen at a time of great uncertainty and change...
With this in mind we've set out the following guide to make this complex process as simple as possible.
The time between being made redundant and having your claim paid can vary...
The usual period is between 3 and 12 weeks, but there are many factors which can affect this.