Redundancy

Working in a company for quite a long time and suddenly getting dismissed seems very hideous and unfortunate but in this recession time redundancy has become an inescapable factor which can bring your future at stake. Redundancy can happen to any company which is going under business losses. If you have faced the redundancy problem then there are some measures that can place you in the better position both financially and emotionally. You can shield yourself from further looses through redundancy policies In case of unfair dismiss you can obtain your job or claim substantial payment back by taking the employer to the employment court.

Firstly, it is crucial for you to know your rights and have a clear understanding of redundancy procedure. Grounds for redundancy should be fair and acceptable. If you are dismissed individually then the reasons should be on the basis of your attendance, discipline, standard of work and qualifications and must be back up with documentations. If your job has been cut along with many then it should be done on legally.

You can inquire for some possible alternatives from your employers. You can be offered another part time job and job share schemes could be helpful. Redundancy pay can provide you with some relief. Every employee who has worked with the company for more then two years can have the right to redundancy payment. In some cases you might not be entitled for the redundancy pay, if you are on the contract bases and your contract have not been renewed by the company or if company provides you with alternative work then redundancy pay will not be given to you. There are some firms that offers the additional package to the employees they have dismissed.

If you have taken unemployment insurance then discuss about its benefits with the provider. You can get the unemployment insurance if you not informed by your employer about the job cut, and if you have taken the before 120 days of your redundant then you will not be provided with the insurance.

It is always beneficial to take legal advice and you can even find redundancy counselling online which will help you to come out with this problem easily. Finding a new job and making your future secure through various schemes and insurance policies should be the foremost thing to do, for getting yourself back on the track both financially and emotionally.