Expert insights on salary calculations, tax planning, and financial strategies for UK and US professionals.
Jan 7, 2026
When facing redundancy, understanding your pension choices is critical to making the most of your redundancy package. Two pension types to consider are defined benefit and defined contribution.
Jan 7, 2026
When faced with redundancy, understanding your entitlements can significantly impact your financial situation. An important part of this is your redundancy payment which, in certain circumstances, you can receive tax-free. This article explores tax-free lump sums in redundancy, helping you maximize your benefits.
Jan 7, 2026
Being made redundant can be a challenging time. It brings about uncertainty and financial worries. One key concern is how redundancy could impact your state pension. This article aims to unravel these complexities and guide you on how to protect your future.
Jan 7, 2026
Facing redundancy can be a challenging experience. It's a time of uncertainty, but it can also open up new opportunities – including the possibility of early retirement. However, taking early retirement due to redundancy could have significant financial implications, so it's crucial to understand what you could be facing. This guide will help you navigate the financial waters of early retirement d
Jan 7, 2026
If you've recently been made redundant, it's essential to consider your pension and how to best handle it. Redundancy can be a stressful time, and it's crucial to make informed decisions about your pension pot. This article will guide you through the different pension transfer options, helping you make the right choice for your financial future.
Jan 7, 2026
In the unfortunate event of a redundancy, UK law has provisions in place to recognise the loyalty and long service of employees. The statutory redundancy pay is calculated based not only on the employee's salary but also on the length of service. Understanding these calculations can help employees prepare financially for the possibility of redundancy.
Jan 7, 2026
When faced with the difficult decision of making redundancies, companies often strive to provide fair packages for their departing employees. While statutory redundancy pay is a legal requirement, many businesses choose to go beyond this, offering enhanced redundancy packages that take into account factors like performance and length of service.
Jan 7, 2026
Understanding restrictions in your redundancy agreement is crucial. One restriction you may encounter is a non-compete clause. This clause can limit your ability to work in a similar industry or start your own business in the same field for a certain period after you're made redundant.
Jan 7, 2026
When you're made redundant, it can feel like a significant blow to your career. However, remember that redundancy is not a reflection of your capabilities or performance. It's a business decision influenced by factors often outside your control. One critical aspect of navigating redundancy is obtaining a reference letter from your previous employer. This can play a pivotal role in securing your ne
Jan 7, 2026
In the wake of redundancy, the road ahead can seem uncertain. That is where outplacement services step in. These services provide practical and emotional support, helping redundant employees transition into new jobs or careers. This article will delve into what outplacement services are, their benefits, and how they fit into the overall redundancy process.
Jan 7, 2026
When a company needs to reduce its workforce, it often faces two main options: voluntary and compulsory redundancy. Both come with their own benefits and drawbacks, and it's essential to understand the differences to make the best decision for your circumstances.
Jan 7, 2026
When facing a large-scale redundancy situation, UK employment law requires employers to carry out a process known as a collective consultation. This involves discussions between the employer and representatives of the employees who may be affected. The goal is to find ways to avoid, reduce, or mitigate the impact of redundancies. This article will walk you through the process, obligations, and rig
Jan 7, 2026
When a company decides to make redundancies, it is bound by law to follow a fair and objective selection process. However, for new mothers or those on maternity leave, there are additional layers of protection. This article will explore these rights, how redundancy pay is calculated, and what steps you should take if you find yourself facing redundancy during maternity leave.
Jan 7, 2026
When faced with redundancy, it's crucial to know your rights and understand how the law protects you, particularly if you're an older worker. Age discrimination is outlawed by UK employment law, and this includes during redundancy processes. The law protects you from being selected for redundancy because of your age or receiving less favourable redundancy terms.
Jan 7, 2026
Facing redundancy can be a daunting experience. However, with the right financial planning, it's possible to navigate this difficult time and secure your future. Understanding your redundancy rights, calculating your redundancy payment, and effectively managing your finances are key to moving forward.
Jan 7, 2026
In the unfortunate event of redundancy, it's important to know your rights and understand the legalities. The process can be complex and daunting, especially if you're facing it for the first time. This article aims to provide insights into the redundancy process, your rights as an employee, and when to seek professional help for redundancy.
Jan 7, 2026
Losing your job due to redundancy can be a stressful experience. It's normal to feel a range of emotions – from shock and anger to sadness, anxiety, and even relief. However, it's essential to remember that there are resources available to help you navigate this challenging period, including mental health support and financial guidance.
Jan 7, 2026
Redundancy can feel like a jolt, but it's also an opportunity. With careful planning and strategic thinking, you can transition to a new career, finding a role that truly suits you. Here's how.
Jan 7, 2026
In today's uncertain economy, the threat of redundancy can weigh heavily on many individuals. Redundancy insurance, otherwise known as unemployment cover, can help provide financial stability during the challenging period of job loss. This policy can supplement your income, providing a lifeline when you need it most.
Nov 3, 2025
Employers have strict legal obligations during redundancy, including meaningful consultation, fair selection criteria, and proper notice periods. Understanding these requirements helps employers conduct redundancy processes lawfully while protecting both their business and employees.
