Severance Payment
Discussion
I was made redundant, worked my notice and finished on the 25th May. I was informed in writing on the 27th April I was entitled to 5/12 of my holiday entitlement and separately I would receive a statutory redundancy payment based on a week's pay for every year of service.
I was normally paid in arrears on the final day of the month so I was due a salary payment for May. A payment has been made to my bank account today which is slightly less than my normal salary payment, which I expected as my termination date was just short of a full month from my last salary payment.
There is no sign of my severance payment though and I still haven't received my P45; is there a time limit on when these should be provided I can quote if they try to stall me?
I was normally paid in arrears on the final day of the month so I was due a salary payment for May. A payment has been made to my bank account today which is slightly less than my normal salary payment, which I expected as my termination date was just short of a full month from my last salary payment.
There is no sign of my severance payment though and I still haven't received my P45; is there a time limit on when these should be provided I can quote if they try to stall me?
I would have expected the full payment to be made to you in your May payment, especially as they have pro-ratad the May payment (this shows that they knew your date of leaving when running the payroll).
Your P45 will usually follow by post a few days after your salary goes into the bank.
I would call them and ask about the severence pay. It may be that they will be issuing a cheque outside of payroll as it is not subject to tax, but this is an unusual way of doing it.
Your P45 will usually follow by post a few days after your salary goes into the bank.
I would call them and ask about the severence pay. It may be that they will be issuing a cheque outside of payroll as it is not subject to tax, but this is an unusual way of doing it.
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