statutory redundancy payment

If they are entitled to one, you must also pay them a statutory redundancy payment.

Unfortunately, you only become entitled to a statutory redundancy payment after two years' service.

Furthermore, a statutory redundancy payment will be offset against the basic award.

The amount of a statutory redundancy payment is calculated as follows:

Fixed-term employees cannot be excluded from the statutory redundancy payments scheme.

Statutory redundancy payments vary with age, length of service with the employer and pay.

You can use our interactive tool to calculate the statutory redundancy payment due to your employee and create a personalised written statement.

Thus, Crown servants are not entitled to statutory redundancy payments, but most have the right not to be unfairly dismissed.

The Secretary of State maintained that because of section 82 the applicant was not entitled to a statutory redundancy payment.

From article 119 itself and guidance from the cases, a statutory redundancy payment was not 'pay' within article 119.

They may still claim a statutory redundancy payment (SRP) if you both agree that the work is not suitable.

The scheme was subsidised by the taxpayer in the granting to employers of a sizeable rebate on each statutory redundancy payment made.

Redundant employees have a number of rights and are entitled to receive a statutory redundancy payment (SRP).

You'll find a Statutory Redundancy Payments calculator on the Business Link website.

If you are an employee who is being made redundant, your employer must tell you how any statutory redundancy payment they pay you has been calculated.

If your employee asks you for information about how their statutory redundancy payment has been calculated or taxed you can refer them to the links below.

The concern here is with statutory redundancy payments, not ex gratia payments which are privately and separately negotiated either with individuals or in collective agreements.

In determining rights to a statutory redundancy payment, a week of this service only counts if the employee was classed as an employed earner during that week.

If you provide additional (non-statutory) amounts for the same reason, they are treated in the same way as statutory redundancy payments for tax and NICs purposes.

"They may not only have statutory redundancy payments to pay, but what they may also have are very expensive redundancy liabilities inherited from a local authority employer," Bunch explained.

In this situation, eligible employees would be entitled to receive a statutory redundancy payment (SRP) - see the page in this guide on the rights of redundant employees.

'Pay' within article 119 of the EEC Treaty did not include a statutory redundancy payment or a statutory payment under section 106 of the Employment Protection (Consolidation) Act 1978.

The applicant then submitted that a statutory redundancy payment was 'pay' within article 119 and that on the employer's default to make that payment the Secretary of State guaranteed the sum under section 106.

At present if you are made redundant you are entitled to a statutory redundancy payment of between £400 and £600 per year of service, depending on age, without going to tribunal (unless your employer fails to pay, but solvent employers generally pay).

Calculate the statutory redundancy pay due to your employee An employee being made redundant with two or more years' continuous service has the right to receive a statutory redundancy payment and a written statement setting out the payment amount and how it was calculated.