Does your employer have to pay you if they make you redundant?
Does your employer have to pay you if they make you redundant?
If you are an employee with at least two years’ service in your job, you are entitled to a statutory redundancy payment. The law sets a minimum payment. This is normally paid by your employer, but the State will pay if your employer has gone bust.
What is a genuine redundancy situation?
A genuine redundancy is one where your employer has a real business reason to make you redundant – usually because: your employer doesn’t need you to do your job any more.
Is a redundancy genuine?
What’s a genuine redundancy? A genuine redundancy is when: the person’s job doesn’t need to be done by anyone. the employer followed any consultation requirements in the award, enterprise agreement or other registered agreement.
Do you have to pay redundancy pay when you are made redundant?
When an employee’s job is made redundant their employer has to give them redundancy pay, also known as severance pay. Use our Notice and Redundancy Calculator to calculate redundancy pay. Redundancy pay doesn’t need to be paid in some circumstances eg. by some small businesses and to casual employees.
Can a non compete clause be struck out in a redundancy agreement?
If it’s a compromise agreement rather than a statutory redundancy, your solicitor should ensure that any restriction on working for the competition is “struck out” and the agreement leaves you free to work where you like. Warning ….. I’m a peri-menopausal axe-wielding maniac
What are the rights to redundancy after furlough?
Some people will have redundancy rights in their contract which may be more generous than the legal minimum. You cannot be made redundant, or put on notice, while your employer is claiming money from the Job Support Scheme to help fund your role. What is changing after furlough? Can my employer make me redundant on the spot? No.
What’s the minimum notice period for redundancy in the UK?
The statutory redundancy notice periods are: at least one week’s notice if employed between one month and 2 years one week’s notice for each year if employed between 2 and 12 years Check your contract. Your employer may give you more than the statutory minimum, but they cannot give you less.
Can a company make an employee redundant without a reason?
The reasons for the redundancy must be genuine. Employers cannot make someone redundant without going through the workplace change process first. To end an employment relationship, notice must be given by one party (the employee or employer) to the other party.
Do you get pay in lieu of redundancy?
Check your contract. Your employer may give you more than the statutory minimum, but they cannot give you less. As well as statutory redundancy pay, your employer should either: pay you in lieu of notice depending on your circumstances Your notice pay is based on the average you earned per week over the 12 weeks before your notice period starts.
What does your contract / terms say in case of redundancy?
What exactly does your contract/terms say? These clauses don’t usually apply in the case of redundancy. If it’s a compromise agreement rather than a statutory redundancy, your solicitor should ensure that any restriction on working for the competition is “struck out” and the agreement leaves you free to work where you like.
What is the process of redundancy in New Zealand?
Redundancy 1 Workplace change process. Employers cannot make someone redundant without going through the workplace change process first. 2 Redundancy is a last option. The process of redundancy, and payment of redundancy compensation (where this applies), are a last option. 3 Notice of redundancy. 4 Final payments.