Redundancy

Getting a redundancy payment can help soften the blow of losing your job. But working out what to do with your redundancy package can be a bit of a minefield. Whatever you decide, don’t leave the l...

Sometimes employers offer voluntary redundancy to avoid having to make compulsory redundancies. Being in this situation can have its benefits, but it’s important to weigh up all the pros and cons be...

Ever wondered how you’d pay your mortgage or credit-card repayments if you lost your job? Well there is no such thing as fail-safe redundancy cover, but there are some ‘redundancy insurance

Money’s a big worry when you’ve been made redundant or lost your job – and nothing gets you down like debt. Even if you’ve had a decent redundancy payout, keeping up repayments could put ...

“Is my redundancy pay taxable?” is one of the first questions people ask when facing redundancy. Well, as redundancy pay is compensation for your job loss, it qualifies for special tax ...

Have you recently been dismissed or made redundant? If so, you might be able to claim back some of the tax you paid while you were working. This is known as getting a “tax refund”, or “tax...

What’s the best way to manage your household budget after losing your job, and what can you do to cope with a loss of earnings? This guide explains how to carry out a budget rev...

Facing redundancy? There are lots of ways to make money when times are tough. Here are a few examples of how other people have managed to make some extra money and boost their income afte...

Losing your job usually means you’ll have less money coming in every month – a worrying prospect when you’ve got bills to pay. How will you manage while you’...

Early retirement might sound like a good idea if you’re made redundant, or want to make a change, but it’s important to weigh up the pros and cons. Take the time to think carefully ab...

If the business you work in is going through a downturn, your employer might ask you to reduce the number of hours you work each week (called short-time working) or take whole days off...

Whether your job is already at risk or you’re worrying about potential cuts, one of the most important things you can do at this time is to take stock of your finances. This wi...

If you’re faced with redundancy, your employer must treat you fairly and act in accordance with your contract and legal redundancy rights. That includes making sure you’re consulted, following ...

If you’ve been in the same job for at least two years your employer has to pay you redundancy money. The legal minimum is called ‘statutory redundancy pay’, but check your contract – you might...

Redundancy can mean new opportunities, including the chance to retrain for a new career. In this guide, you’ll find out where to get financial support and advice as well as your options for retr...

Wondering what to do if you lose your job? Find out what benefits are available to help you cope with the loss of income and how to claim them. ...

Facing redundancy is stressful enough without worrying about what will happen to your workplace pension. So it’ll be a relief to know that help is at hand, and you’ve got options open to yo...

If you think you’ve been the victim of unfair dismissal, such as constructive dismissal, this guide will help you check if have a case. If you find that your employer has not done things by the book...

Our free printed guides are designed to help not for profit and public sector organisations, as well as commercial organisations, helping people to make informed money choices. If you’re an i...