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When a company goes into liquidation, employees often wonder about their rights and what financial compensation they can claim. In this video, we explain the payments employees are entitled to, including redundancy pay, unpaid wages, holiday pay, and pay in lieu of notice, all handled through the Redundancy Payments Service (RPS). 💡 What You’ll Learn in This Video:✔️ The types of payments employees can claim during liquidation✔️ How redundancy pay is calculated and eligibility requirements✔️ Why employees are considered preferential creditors✔️ The role of directors in ensuring accurate and timely claims Supporting employees during liquidation is crucial for compliance and goodwill. Watch now to learn how to navigate this process effectively. 📞 Need professional guidance? Contact 1st Business Rescue for expert advice on managing liquidation and employee claims. 👉 Don’t forget to like, share, and subscribe for more insights on business recovery and financial management! #EmployeeRights #Liquidation #BusinessSupport #RedundancyPayments