Breaking News First reported by Island Echo

NEUTRIK WARN STAFF OF POTENTIAL REDUNDANCIES AT ISLE OF WIGHT FACTORY


Around 18 employees working at a factory in Ryde have been told this week that they face losing their jobs.

Neutrik, based at Cothey Way, confirmed to staff yesterday that a number of positions look set to be lost at the firm, which specialists in the manufacture of innovative electrical and electronic interconnection products and systems.

It’s understood a total of 15 operatives and 3 supervisors have been placed on ‘gardening leave’ whilst the final decisions are made, leaving the livelihoods of the 18 staff hanging in the balance.

Article continues below this advertisement

Island Echo approached the company for a statement last night (Monday) but no response has been received. However, speaking on the telephone today a spokesperson for the company said that no comment is being made at this time.

What are my rights?

If you are made redundant you are normally entitled to statutory redundancy pay if you’re an employee and you’ve been working for your current employer for 2 years or more. Your redundancy pay will be:

  • half a week’s pay for each full year you were under 22
  • 1 week’s pay for each full year you were 22 or older, but under 41
  • 1-and-a-half week’s pay for each full year you were 41 or older

If you were made redundant on or after 6th April 2019, your weekly pay is capped at £525 and the maximum statutory redundancy pay you can get is £15,750. Length of service is capped at 20 years.

You must be given a notice period before your employment ends. The statutory redundancy notice periods are:

  • at least 1 week’s notice if employed between 1 month and 2 years
  • 1 week’s notice for each year if employed between 2 and 12 years
  • 12 weeks’ notice if employed for 12 years or more

Article continues below this advertisement

The views/opinions expressed in these comments are solely those of the author and do not represent those of Island Echo. House rules on commenting must be followed at all times.

2
Comment on this story

avatar
newest oldest most voted
Darren Street
Guest
Darren Street

This is very sad to hear, I hope that if people are made redundant that they secure new employment quickly and if one of these People is a friend a family or even an associate of yours just take time to pick up the phone send a message and ask how they are and see if there’s anything you can do to help thoughts with the 18 individuals

Nigel
Guest
Nigel

Tough for them, I feel sorry for all affected. Been the re, done that. Chin up people.

Football Betting Site Betway
  data-matched-content-ui-type="image_card_stacked"

News, Traffic & Travel Tweets