Welcome Finance 30 or 90 day consultation

I found out today that I have been made redundant from Welcome Finance, and given 30 days notice. I have heard that if an organisation is making more than 100 redundancies, they are legally bound to offer 90 day consultation/notice periods. As the company has made around 450 people redundant today, I would like to confirm this is the case, and what I can do to ensure the correct policy/procedure is followed by Welcome Finance, and that I get the full financial package I deserve.

Can anyone confirm this, and offer me any advice?

Have a look at the following link all about redundancy consultation Redundancy: your rights to consultation : Directgov - Employment.

You'll see that the key is how many employees are being made redundant at the same establishment. If it's 20 or more they need to conduct collective consultation with either trade unions if there are any or employee representatives. Are they doing this? If so you should speak to the employee representatives about concerns you have.

For 20-99 redundancies, the consultation must begin at least 30 days before dismissal, and for 100 or more, 90 days before dismissals. There are things your employee reps can do if the appropriate consultation process is not followed, so if you feel this isn't happening do speak to whoever is representing employees.

Your notice period is whatever is says in your contract, or a minimum of one week per complete year of service, whichever is higher.

In terms of financial package, unless something higher is in your contract or is negotiated at the time, as long as you have more than two years' service you will be entitled to statutory redundancy pay of a week's pay per year of service. A week's pay is capped at £380. If you have been under 22 or over 40 for any of your time at the company this is adjusted slightly.