|"Independent Redundancy Help" - Established since 2000
Management - Statutory requirements
The Redundancy Payments Acts, 1967-1991 places a statutory obligation on employers to pay compensation to employees dismissed for reasons of redundancy.
The Act's basic provisions are as follows:
The lump-sum redundancy payment is calculated as follows:
The lump-sum must be paid by the employer direct to the employee.
When an employee is entitled to a statutory redundancy payment and has taken all reasonable steps (excluding legal proceedings) to obtain the payment, but the employer refuses or fails to pay, the employee may apply to the Department of Trade and Industry for payment. Disputes regarding entitlements under the Acts may be referred to the Employment Appeals Tribunal.
Employers are free to pay more than the law prescribes.
Note: This information is provided for general guidance purposes only. It is not intended to be a complete or authoritative statement of the Law.
|Copyright © Program IT (UK) Ltd 2000 to 2015