Financial support and benefits if you're facing redundancy

If you're facing redundancy, you may have concerns about the financial pressures you may encounter. These pressures can affect basic living standards as well as future planning and wellbeing. These include:

Loss of income: reduced or lost earnings are the most immediate impact. This can make it difficult to cover essential expenses like housing, utilities, and food.
Uncertainty about redundancy pay: not everyone receives substantial severance. Even when they do, it may only provide short-term stability.
Increased financial stress: managing debts, loans, or family expenses can become much harder.
Navigating benefits and support systems: understanding entitlements such as unemployment benefits can be complex.
Impact on relationships: financial strain and stress can place pressure on family or household dynamics.
Reduced earning potential: individuals may need to accept lower-paying roles or different career paths.
Retirement and future planning impact: savings and pension contributions may be affected.

Our friendly team are happy to talk to you about the challenges you are facing. For a confidential discussion please complete the contact form and we'll come back to you.

Go to the contact form

Alternatively, you may wish to consider some of the support available and talk to our partner organisations.

Government financial support

Universal Credit - monthly payment to help with living costs if you're out of work or on a low income. Apply online at GOV.UK.
New Style Jobseeker's Allowance (JSA) - for those who have paid sufficient National Insurance contributions. Go to Jobseeker's Allowance (JSA) on GOV.UK
Statutory Redundancy Pay - eligible employees receive a payment based on age, length of service, and weekly pay. To find out more about your rights go to the GOV.UK or Acas websites.
Council Tax Reduction or Housing Benefit - help with housing and local tax costs. For support and advice contact your local council. You'll find contact details on your Council Tax bill.

Financial and debt advice

Citizens Advice - free guidance on finances, employment rights, and benefits. Contact them at Citizens Advice.
StepChange Debt Charity - support for managing debt and budgeting. Visit the StepChange website.
MoneyHelper (formerly Money Advice Service) - tools and advice for handling money during redundancy. Visit the MoneyHelper website.
National Debtline - an independent debt advice charity. Visit the National Debtline website.
Trade Unions - may provide representation, advice, and redundancy support if you're a member.

Local and community support

See Help with living costs for information on local support services.

District councils offer a wide range of services. These include hardship funds or employment support programmes. They also work with charities and community groups who can help with food banks, emergency grants and practical support.

Find out what's available from your local council via one of the following links:

Partner invitation

If your organisation would like to help the Redundancy Support Service, we'd be happy to talk to you.

Please contact us at [email protected] with details of where you believe you can support us.

Let's see how we can work together to support Norfolk's residents and businesses.