Would be grateful for any knowledge or experience anyone can share. I’ve read loads on gov website and other sites but am having trouble understanding all the information.
When a company goes into liquidation, I know employees are entitled to claim pay for hours they have already worked, and I believe this also applies to workers on zero hours contracts.
There appear to be two other possible payments: a redundancy payment and notice pay, subject to length of time employed by the conpany (or are these actually the same thing?)
Are zero hours workers entitled to all of these payments or just their wages for hours worked?
And a follow up question: if the employer has totally fucked things up to the point where the company doesn’t have enough assets to pay all the wage bills, do workers still get the full range of payments they’re entitled to? If so, how?
Grateful for any help and for simple explanations as I can struggle to understand business/finance concepts and the terminology around them.