UK businesses are sadly facing the harsh reality of financial viability in a pandemic landscape where government support stops at the close of October. Corporates spanning airlines, automotive, banks, retail, hospitality and utilities have already taken...
If you are facing redundancy, then it is likely you will be given a notice period. How long this will be will depend on how long you have worked for the company and what is outlined in your contract.
The minimum amount of notice period you are entitled to, according to redundancy law, is dependent on how long you have worked for your employer:
- If you have been employed between one month and two years, you are entitled to at least one week’s notice. While you are entitled to your notice period, if you have worked for less than two years for your employer, you do not qualify for redundancy rights
- If you have worked for your employer for 12 full years or more, you are entitled to 12 weeks’ notice
- If you have been employed by your organisation between two-12 years, you will get one week’s notice for every year you have worked for the company
Your individual employment contract may state you will have a longer notice period than what is stated under statutory redundancy law, so always make sure you check your employment contract.