Redundancy Part 5: Redundancy Pay

The fifth instalment of a mini series focusing on Redundancy

Episode 5: Statutory & Enhanced Redundancy Pay

This is the fifth episode of a mini series on redundancy in which I will focus on all aspects of redundancy and how to ensure you get things right.

In this episode I will cover:

• The eligibility criteria for a statutory redundancy payment
• How to calculate continuous service and when it will be extended
• The relevant date for calculating redundancy pay
• When an employee will not be entitled to redundancy pay
• What happens if an employee refuses to work their notice
• What to do if an employee commits gross misconduct after being placed on notice of redundancy
• How to calculate redundancy pay
• How to work out a 'weeks pay' for employees with irregular hours and wages
• What will happen if a dispute arises about eligibility for redundancy pay
• What an employee will need to do if their employer cannot afford to pay their redundancy pay
• Points to consider if you pay enhanced redundancy pay or a discretionary payment

 Action Points

Check your contracts and handbooks to see if you have a legal obligation to pay an enhanced redundancy payment.

Helpful Links

Online tool for working out statutory redundancy pay

Employment Rights Act 1996 

Guide to Redundancy

 HR Harbour

 

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 Employment Law & HR Update Event

14th January 2016 at The Point, Eastleigh.

5pm for 5:30pm start

£4.75 per ticket

Get your ticket today as they are limited.

www.adviceforemployers.co.uk/events