Redundancies this autumn could hit close to half a million according to data from the Institute for Employment Studies (IES). The Chancellor of the Exchequer Rishi Sunak launched a slew of financial ...
Our redundancy calculator reveals the minimum legal payment an employer must make when making staff redundant. It is based on those aged 22 to 41, who are legally entitled to a one week's pay for ...
REDUNDANCY has become more common over the last few months due to the coronavirus crisis, so if you are made redundant how do you work out your redundancy pay? It was announced earlier this year the ...
FURLOUGHED workers could see redundancy payouts slashed by thousands due to a loophole in the scheme if they’re laid off work. Employment lawyers say they have received plenty of calls from people ...
Employers could be unwittingly breaking the law by calculating redundancy pay outs based on furlough pay, rather than an employees’ full salary, employment law specialists have indicated. Reports have ...
A LOOPHOLE that allowed businesses to calculate furloughed workers’ redundancy pay using their reduced salary has been closed thanks to a new law. Employment lawyers had warned that employees who are ...
A second reading debate on statutory redundancy pay will take place in the House of Commons today, containing proposals to increase the maximum week's earnings used to calculate redundancy pay by 43%, ...