Made REDUNDANT ? - Work at HOME
Dealing with redundancy in the UK
Turn employment redundancy into an opportunity
If you've been made redundant, or are being
asked to consider taking voluntary redundancy - to paraphrase the
World War 2 poster - KEEP CALM AND DON'T
The enforced time-off when you are made redundant has been used by many former 9-to-5 workers as a breathing space, to reflect on what direction they want their life to go in. However, unless you are lucky enough to have come out of the job with a large redundancy payment, you will need to start earning a living as soon as possible.
But will you get back on the treadmill as an employee again, or will you take the opportunity to create the lifestyle and business you have always wanted?
Starting your own business is easier than it ever was in the past. Selling anything from crafts to consultancy services, is much simpler now via a web site, and as long as you've got a phone and internet connection, you can work from home with generally no investment and minimal running costs.
What to do when you have been made redundant in the UK
The most difficult part of starting a new business
for many would-be entrepreneurs is coming up with a good idea. If
you've got an idea or skills that transfer easily to self-employment,
then you're up and running, but if you are stuck for a business idea,
then it's worth taking time to decide what you want to do. Finding
a gap in the market that you think you could fill is a good place
Running a business for yourself can seem daunting if you've always worked for someone else, but the ingredients for success are qualities that you've probably already got. Working for yourself can be scary at first, as you don't have the support infrastructure of working for someone else. There's no-one else to blame if things go wrong and if you don't do something yourself, it doesn't get done - the buck stops with you!
But, on the plus side working for yourself
can bring big rewards, not only in financial terms but also in being
able to structure the kind of work-life balance you want. Running
your own business can be enormously fulfilling and enjoyable -
if you've only ever worked for someone else, you'll be amazed at the
buzz you'll get from landing a new customer, making a sale or tying
up a deal!
Redundancy in the UK - what are your rights?
Selection for redundancy can be made on a number of criteria, such
as length of service (last in-first out), disciplinary record, skill
or experience levels. It can NOT be made on criteria related to age,
gender, race, sexual orientation, pregnancy, disability, religious
belief, membership or otherwise of a union, or whether you work full
or part time.
you've been selected to be made redundant, you are entitled as a minimum,
to at least one week’s notice if you have been employed up to
two years, or one week’s notice for each year between two and
12 years, or 12 weeks notice if you've been employed for 12 or more
Consider your redundancy termsWhen you are notified about your redundancy, don't feel you must agree your dismissal / severance terms at the initial meeting. Find out the details of the proposals
( it's a good idea to write the figures and terms down), and then take time to consider what option suits you personally.
It is worth taking financial advice before you agree to the redundancy terms, as there are important tax and pension factors to consider. For instance if your redundancy payment is transferred directly into your pension, then you are not then liable to pay national insurance contributions.
If an employer does not follow redundancy law with regard to notice period or selection criteria, they may lay themselves open to a claim for unfair dismissal and the wronged employee would then be likely to be awarded compensation.
Leaving workWhen you finish work you should receive any pay you are entitled to, including any accrued holiday pay, and redundancy pay. Make sure you also receive a P45 and
a letter stating the date of redundancy.
Find out more about your rights on redundancy uk at the Direct gov site - Gives full details of redundancy pay, statutory redundancy, redundancy notice period, acas etc.