What redundancy means

Redundancy is the dismissal of an employee for any of the following reasons:

• The employer ends the business for which the employee is employed.
  
  
• The employer closes the workplace where the employee is employed.
  
  
• The need for that particular type of work to be done, either at that workplace or in the company as a whole becomes less.

Resignation is not the same as redundancy. If an employee makes the choice to resign from a job, he can not then attempt to claim redundancy payments.

Transfer of an Undertaking should also be mentioned at this point. This is when a company, or part of a company is transferred over to another. The employees concerned move across while retaining the terms and conditions of their existing contracts.

For more details please click on Transfer of an Undertaking.