Redundancy payments glossary

However, this will be treated as a resignation, and you will not be entitled to a redundancy payment. Further information about the statutory redundancy payment scheme can be found at. Where the provisions of the redeployment policy are exhausted the terms of compulsory redundancy shall apply. Someone who has been unfairly selected for redundancy may therefore be able to claim compensation for unfair dismissal as well as redundancy pay. If you have contractual rights to redundancy pay then the way it is calculated and when it should be given will be in the contract. Lowest fixed rate mortgages.

The employer will try to find alternative employment for the employee see under heading redundancy pay. If you have been given notice of redundancy, you may leave early by agreement with the employer and still qualify for payment. Pensions, retirement, termination of employment, redundancy and redeployment. The reasons why staff affected may be at risk of redundancy. A redundancy payment is compensation because someones job has disappeared. You do not get any redundancy payment if you were over 6. The impact of the redundancy policy on all staff groups will be assessed on a regular basis and any adverse or disproportionate impact on any particular groups addressed.

For information call the northern ireland redundancy payments helpline on tel 0800 58 58 11. Employees qualify for redundancy payments if they have worked for you continuously for at least two years up to the date of dismissal. Employees who may not be entitled to a redundancy payment.

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land mortgageRedundancy payments easy

During the period of notice, those selected for redundancy shall have available to them. Claiming a statutory redundancy payment. Wage and employment details for the individuals concerned so the rpo can calculate the payments due. The amount of a statutory redundancy payment depends on:. Application can now be made using our secure website at www. Redundancyni. Gov. Uk. The table starts at 20 because no one below this age can qualify for a redundancy payment. Morgage adviser.


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