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Redundancy Payment

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Displaying Results 1 - 15 for redundancy payment

FAQs On Redundancy Payment Protection Cover?

What is redundancy payment protection cover? It is basically a protective cover to pay you a portion of your salary in case you are made redundant due to injury, sickness or have lost your job due to inevitable reasons. It will not cover ... Read Read: FAQs On Redundancy Payment Protection Cover?

By: Kirthy Shetty | 19/11/2009 | Insurance

The Rules of Redundancy

... so it's worth checking legislation to be sure of each stipulation and if it is applicable to you. Some groups of employees are not entitled to redundancy payments so again, check what the law says with regards to to know where you stand. A ... Read Read: The Rules of Redundancy

By: vicky.cochrane.uk@googlemail.com | 19/06/2009 | Regulatory Compliance

Statutory or Voluntary Redundancy & Lay-off Rights

... is varied detrimentally to the employee the changes are not valid - even if the employee is shown to have agreed to them. Redundancy payments are, of course, intended to compensate the worker who, sometimes after many years of loyal ... Read Read: Statutory or Voluntary Redundancy & Lay-off Rights

By: Eren | 21/05/2007 | Law

Redundancy Pay Information For Managers

... paperwork in good order will pay dividends in terms of redundancy planning and how you proceed. What is Redundancy Pay? Employees have the right to a redundancy payment if they have worked continuously for at least two years or if an ... Read Read: Redundancy Pay Information For Managers

By: Iain Mackintosh | 05/03/2009 | Management
Kate Russell

Age Discrimination - Enhanced Redundancy Pay

... objectively justified.  The age discrimination legislation provides an exemption for enhanced redundancy schemes that mirror the statutory redundancy payment framework.  There are special conditions.  The essence of those conditions is ... Read Read: Age Discrimination - Enhanced Redundancy Pay

By: Kate Russell | 24/10/2008 | Human Resources

Handling Redundancy

... in your approach and interpersonal dealings with exiting staff. They will never forget the way you behaved. Forever. 10.) Be prompt in Redundancy Payments. Once you have budgeted, decided on action and executed redundancies you must make ... Read Read: Handling Redundancy

By: Darren Bourke | 13/06/2009 | Organizational
adam Wickes

Making Redundancies – Top 10 Tips

... have been selected for redundancy, the employer must calculate the monies owed for redundancy payment. To qualify for redundancy payment, two years’ service is required, the amount is then calculated by using the employees’ age, length of ... Read Read: Making Redundancies – Top 10 Tips

By: adam Wickes | 27/10/2009 | Business
James Carmody

UK Employment Law. Holidays & Sickness. Redundancy

... made redundant, the maximum week’s pay for the purposes of the statutory redundancy payment would be increased from £350 to £380.  However employees made redundant in the meantime will not be able to benefit from this largesse as it will ... Read Read: UK Employment Law. Holidays & Sickness. Redundancy

By: James Carmody | 26/06/2009 | Law

Henry Funk

How to manage redundancies and employees

... cessation when the employer has closed, or is to close, down his business. These kinds of staff redundancies give rise to the eligibility for redundancy payments whether the business is wholly closed or partially shut down.Another reason ... Read Read: How to manage redundancies and employees

By: Henry Funk | 16/07/2009 | Careers
Nick Jervis

Redundancy - what are your rights?

... impending redundancy. Depending on how long you have worked for the company, you may also be entitled to a redundancy payment.Redundancy pay is an employee's right if they have worked for an employer for a minimum of two years without a ... Read Read: Redundancy - what are your rights?

By: Nick Jervis | 30/11/2009 | Law

Serious Internet Business Tips for the Redundant and Jobless

... , as opposed to an online business used for fun or as a source of spare cash, for an expenditure of less than $1000 of your redundancy payment, would you consider it? That $1000 won't last long in any case - if you aren't at home getting ... Read Read: Serious Internet Business Tips for the Redundant and Jobless

By: Peter Nisbet | 23/01/2009 | Internet
John Mehtam

Employment Law Training Suggests Employers Offer Alternative Jobs Before Redundancies

... they don’t, and the four-week deadline passes without a formal decision, they could forfeit their right to a statutory redundancy payment. Make sure too that any proposed alternative employment is actually suitable for the employee ... Read Read: Employment Law Training Suggests Employers Offer Alternative Jobs Before Redundancies

By: John Mehtam | 07/04/2008 | Law

With redundancies on the rise, what steps must be taken next

... up to a maximum of 12 weeks.If you completed two or more years service for the company that made you redundant, you qualify  for a statutory redundancy payment, which can be calculated by half a weeks pay per year of service for those aged ... Read Read: With redundancies on the rise, what steps must be taken next

By: Sam Gooch | 14/04/2009 | Personal Finance

Trimming the Workforce - a Guide to UK Redundancy Procedure

... outlined above), the timescale involved, whether there is another position in the business they could switch to and, importantly, how much redundancy payment they can expect. Conducting 2-3 interviews would be prudent. In order to work ... Read Read: Trimming the Workforce - a Guide to UK Redundancy Procedure

By: Iain Mackintosh | 24/11/2008 | Management
John Mehtam

Employment Advice to Help Combat Increasing Redundancies in 2009

... a claim for unfair dismissal. Employers often claim that people have been made redundant when it is in fact unfair dismissal to avoid making a redundancy payment. There are three main reasons for which unfair dismissal may be claimed: ... Read Read: Employment Advice to Help Combat Increasing Redundancies in 2009

By: John Mehtam | 11/02/2009 | Law
 

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