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Browse frequently asked questions and answers on key HR issues. Navigate by topic or key word search. View latest additions or suggest a question to the XpertHR editorial team.
If an employer goes out of business, what are its duties towards employees? How can an employee secure his or her wages if the employer becomes insolvent? How much of the money he or she is owed does an employee receive from an insolvent employer? How can an employee reclaim any money beyond the first £800 owed to him or her by an insolvent employer? How much of an insolvent employer's debt will the Secretary of State repay to employees? What rights does an employee have should the Secretary of State fail to pay the amounts claimed with regard to an insolvent employer? Does the National Insurance Fund cover unpaid pension fund contributions in an insolvency situation? What happens if the insolvent employer has failed to pay contributions into a pension plan?