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2021 4.8 Satisfied (211 Votes)
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Who can get statutory redundancy pay. Youll get statutory redundancy pay if you: have been employed by your employer for 2 years continuously. have lost your job because there was a genuine need to make redundancies in your workplace.
An eligible employee is entitled to two weeks normal weekly remuneration for every year of service, plus a bonus week. The redundancy lump sum calculation is based on the workers length of reckonable service and weekly remuneration, which is subject to a ceiling of 600 per week.
The statutory redundancy payment is two weeks gross pay per year of service up to a ceiling of 600 per week plus one weeks pay, which is also subject to the ceiling of 600. This payment is tax-free.
Your employer cannot select you for redundancy unless they can prove they followed a fair process. Your employer cannot select you for redundancy for personal or non-job-related reasons.
Your employer has to follow a fair redundancy process if youll have worked for them for at least 2 years by the time your job ends. You should be invited to at least 1 individual meeting with your employer to discuss redundancy. Apart from your individual meeting there isnt a set process.
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An employee who has been laid off for 4 or more consecutive weeks can give a written notice to his employer indicating his intention to claim redundancy. (Section 12 Redundancy Payments act, 1967).
1. Unnecessary process or tasks that through analyses of such process can be removed without affect the output of such tasks.
Redundancy is a form of dismissal from your job. It happens when employers need to reduce their workforce.
Redundancy is dismissal from your job, caused by your employer needing to reduce the workforce. Reasons could include: new technology or a new system has made your job unnecessary. the job you were hired for no longer exists. the need to cut costs means staff numbers must be reduced.
What is redundancy? Redundancy happens when your job disappears. Its not the same as being dismissed from your job for other reasons. When youre made redundant, youve done nothing wrong and no one is questioning your ability to do your job.

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