Jul 29, 2020
With more job losses announced every day, and many more likely to happen as furlough begins to tail off, there's talk of 10% unemployment this year. That means there's a strong possibility we're all going affected personally. So it's really important we understand how redundancy works.
To help, I've been joined in this episode by employment lawyer Jodie Hill.
We talk about what your entitlements are for notice and pay, how people are selected for redundancy, whether furlough will effect how much you'll get, what consultancy is, whether you'll get more if you volunteer to leave and much more.
Don't forget to join the Cash Chats community on Facebook.
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FURTHER READING
Thrive Law news (Jodie's practice)
Calculate your statutory redundancy pay
Turn To Us guide to redundancy & benefits
ABOUT CASH CHATS
Cash Chats is presented by money blogger and broadcaster Andy Webb.
In 2020 the podcast has been featured as one of the top finance podcasts by Apple, Good Housekeeping and the Independent.
In 2019 it was awarded Best Money Podcast at the SHOMOS - the UK Moneybloggers annual awards.
On each Cash Chats episode you can hear Andy share ways to get the most from your money. He's often joined for friendly and accessible conversations by a friend from the UK Money Blogger community to cover topics as diverse as freebies and investments. Then at the end of each week stay tuned for a bonus “deals of the week” rundown of the hottest offers from the last seven days.
Andy also runs the award-winning website Be Clever With Your Cash, presents Channel 5’s Shop Smart Save Money and founded the community ukmoneybloggers.com. To contact Andy email Andy@Becleverwithyourcash.com
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MUSIC
The music is Easter Island by Lonely Punk and provided on a creative commons licence