Employment - How do you know if redundancies are coming? It is sometimes obvious that businesses may need to cut staff. As an employee, sometimes you can see the way things are going, and sometimes redundancy comes as a total shock. Signs can include the loss of a major customer, a [...]
How much is redundancy pay? Statutory Redundancy sets the minimum payment to be made. You will be entitled to statutory redundancy pay as an employee if you’re made redundant after working for your current employer for 2 years or more. You should receive half a week's pay for each full year you [...]
Redundancy – what is a Consultation Period? Redundancy should include a Consultation Process with employees. Where dismissal is due to redundancy, an employer should normally follow a period of ‘consultation’ with its workforce. The dismissal (because of redundancy) must be seen to be ‘fair’, and the consultation period in the redundancy [...]
What are the stages of Redundancy? Redundancy should follow a prescribed process. An employer should follow an objective process to ensure that any employees who lose their jobs are selected fairly. Employers should ‘consult’ with employees, and often ask for volunteers. What is Redundancy? Redundancy is where a role or position [...]
Statutory Redundancy Pay Calculator How to calculate what redundancy pay you're entitled to. What is Statutory Redundancy? If your employment is terminated by reason of redundancy, and you’ve been in your job for more than 2 years, you will be entitled to Statutory Redundancy Pay. There may also be other payments [...]
