Rate this!
Chas Staines
Member - 2 posts
In many organisations, the Union is wholly involved in the process. A good relationship with the Unions is important; if they are a "critical friend" rather than an "obstenate mule", they will often identify any potential pooh traps before it reaches the employees.
The Union's involvement also gives the empolyees confidence that the process has been managed fairly.
Rate this!
Vas Med
Member - 1 post
I WOULD LIKE TO KNOW HOW MUCH IS THE COMPENSATION PACKAGE AN EMPLOYEE IS ENTITLED TO GET IN CASE HE/SHE IS IDENTIFIED REDUNDANT.
IS THERE ANY WAY WE CAN ASK MINIMUM PACKAGE, IN DIFFERENT CASES? IF SO PLEASE LET US KNOW.
Rate this!
Bozena Benton
Member - 58 posts
Minimum redundancy payments are set in statute. To be eligible staff must have a minimum of 2 completed years service. Staff receive:
- half a week's pay for every year of service up to the age 21
- one week's pay for years worked between 22 and 40
- one and a half weeks pay for service from age 41 and over.
Any redundancy payment is based on a maximum of 20 years service (at the higher amount) and statutory redundancy payments are currently capped at a maximum of £330 per week.
This is the minimum redundancy payment and does not include any entitlement to notice or notice pay.
Rate this!
Jayne
Member - 3 posts
The following link may be useful to you
http://www.berr.gov.uk/whatwedo/employment/employment-legislation/employment-guidance/page33157.html
0 (0)
