Fastway redundancy advice in Ireland is essential for staff facing job loss before Christmas. Here’s how to protect your rights, entitlements, and pensions
Fastway Redundancy in Ireland Hits at the Worst Possible Time
It’s hard to imagine a worse time to receive news like this. Just weeks before Christmas, hundreds of Fastway Couriers employees across Ireland are facing uncertainty after the company entered receivership.
For many, this isn’t just a job loss — it’s a sudden worry about mortgages, bills, and family plans that depended on a steady income through the busiest season of the year.
At Q Financial, we’ve supported thousands of Irish employees through redundancy, helping them understand their entitlements, access their redundancy payments efficiently, and make the most of any preserved or frozen pension benefits they’ve built up over the years.
“We understand how frightening redundancy can feel, especially right before the holidays. Knowing your entitlements and options is the first step to taking back control.” – Dora Monaghan, Redundancy Advisor, Q Financial.ie
What to do if you’re facing redundancy at Fastway in Ireland
Redundancy can be a stressful and uncertain experience, especially when it happens suddenly. If you’re affected by the Fastway receivership in Ireland, it’s important to act quickly and make informed choices to protect your rights and plan for the future.
1. Review your employment documents
Gather your contract, payslips, and any official notices about redundancy. Understanding your entitlements, such as notice periods, accrued holiday pay, and statutory redundancy, is the first step to safeguarding your financial security.
2. Estimate your redundancy payment
Use our Redundancy Calculator for Ireland to get a clear picture of what you may be owed. This can help you plan your next steps with confidence and make decisions about budgeting or future employment.
3. Speak to a redundancy advisor
A quick consultation with an expert can provide clarity on your options and ensure you’re receiving everything you’re entitled to. Even a short session can make a big difference in understanding your financial and career next steps.
4. Take care of yourself
Redundancy is not just financial—it’s emotional too. Talk to family, friends, or professional support if needed. Updating your CV, networking, and exploring new opportunities can help you regain a sense of control.
Trusted & Regulated Advice You Can Rely On
Q Financial is fully regulated by the Central Bank of Ireland, ensuring your financial queries are handled safely and professionally. Our advisors provide expert guidance for redundancy, pensions, and retirement planning.
“We’re here to guide you every step of the way. Contact us for a confidential, no-obligation consultation and know your options.” – Q Financial
Check Your Pension – Unlock My Pension
Frequently Asked Questions
1. Am I entitled to redundancy pay if Fastway makes my role redundant?
Yes, if you have worked continuously for Fastway for at least two years, you may be entitled to statutory redundancy payments under Irish law. The exact amount depends on your salary, length of service, and age.
2. What notice period do I have to receive?
Your notice period depends on your length of service and your employment contract. Statutory minimums apply, but Fastway may offer enhanced notice periods. It’s important to check your contract and speak with an advisor for clarity.
3. Can I access my pension if I’m made redundant?
If you have a pension with Fastway or previous employers, you may have options to preserve, transfer, or unlock it. Tools like our pension calculator can help you explore your choices.
4. Can I negotiate a redundancy package?
Yes, many employees can negotiate terms beyond the statutory minimum. This may include enhanced redundancy pay, extended benefits, or support with outplacement services. Consulting a financial advisor can help ensure you get what you’re entitled to.
5. What support is available for emotional and financial wellbeing?
Redundancy can be stressful. Q Financial advisors provide professional guidance on financial planning, while support services and counselling can help you manage the emotional impact. Planning early can make a huge difference.
