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Old 5th Oct 2017, 10:41
  #899 (permalink)  
infrequentflyer789
 
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Originally Posted by rog747
of course staff get all pay whats owing and also their holiday pay due - sadly no redundancy though
this can be a long process but staff will ultimately get what is owing
Unless airlines in administration are massively different to every other industry, will they b***ocks.

Having actually been through this a few years ago (in a different industry) staff will get:

- an amount in respect of wages owing and statutory redundancy pay, capped at a pretty low level, from the RPO
- nothing for contractual redundancy or notice pay or unpaid commission or even unpaid expenses claims until years later when the administrators have bled the pot dry at £200+ per hour (KPMG might be more) at which point you'll get pennies in the pound on the debt if you are lucky

If you're earning enough to pay higher rate tax it is well worth looking into what you can offset/claim against tax on your tax return - it may only be a few hundred in over 10k, but it's probably more than you'll get from the administrators, and it'll land in your wallet a lot faster (really).

Monarch seems to have pulled the plug at the beginning of a month, which is a bit unusual - normally it is just before monthly payroll at the end of a month, so you are instantly a month's pay down (in my case payroll on 30th, messaged 10pm on 28th to be in the office first thing on 29th to be given marching orders and a box to clear your desk into). Not sure when Monarch's payroll was, but staff may have been slightly lucky on that.
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