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Human Resources People and Organisational DevelopmentRedundancy Payments Policy APRIL 20151Contents Redundancy Payments Policy .

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Work out your week's pay Your week's pay is the average you earned each week in the 12 weeks before you got your redundancy notice. There's a maximum week's pay that will be used to calculate your statutory redundancy - even if you earn more.

If you've worked for your employer for over 2 years you're usually better off waiting to be made redundant, as you'll probably get a redundancy payment. If you want to stay with your employer, they might offer you a new job.

Redundancy notice periods at least one week's notice if you have been employed between one month and two years. one week's notice for each year if employed between two and 12 years. 12 weeks' notice if employed for 12 years or more.

An employment contract will generally state the notice period an employer must provide if a member of staff is made redundant. If you're facing this situation you should be paid for this statutory notice period, or alternatively, receive pay 'in lieu of notice. '

As long as you work your normal hours in your statutory notice period you'll get your normal pay. This is as well as any redundancy pay you're entitled to.

What redundancy pay is payable? Period of continuous serviceRedundancy payAt least 1 year but less than 2 years4 weeksAt least 2 years but less than 3 years6 weeksAt least 3 years but less than 4 years7 weeksAt least 4 years but less than 5 years8 weeks6 more rows • 1 Feb 2023

If you know what you want to achieve from your redundancy then you may be able to negotiate the settlement yourself but I often find that clients prefer to have a professional negotiator do the work for them. Sometimes you may want to get legal advice before negotiating directly.

ing to redundancy law, you're entitled to a minimum notice period of: 12 weeks' notice if you've been employed for 12 years or more. at least one week's notice if you've been employed between one month and two years. one week's notice for each year if you've been employed between two and 12 years.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232