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  • 1,500+ Business Documents - Redundancy payment calculation
    Redundancy payment calculationOn making a redundancy payment, you're under a statutory duty to supply a written statement indicating how the amount of the payment has been calculated, and this is based on the employee's age, length of employment and gross weekly wage. Our redundancy payment calculation will ensure you comply with your obligations here.Payment entitlementWhere an employee has not acquired a minimum of two years' continuous employment with you when their employment terminates because of redundancy,...
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  • 1,500+ Business Documents - Enhanced redundancy payments policy
    Enhanced redundancy payments policyIf you want to provide for enhanced redundancy pay (ERP), it's useful to have a policy setting out how the payment will be calculated.  It's better to ensure that you base it on the statutory redundancy payments (SRP) scheme and express it to be entirely discretionary and non-contractual. No contractual commitment Be careful about committing yourself contractually to providing ERP. Even if your policy isn't contractual and is expressed to be entirely discretionary like our...
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  • 1,500+ Business Documents - Counter-notice to notice of intention to claim a redundancy payment letter
    Counter-notice to notice of intention to claim a redundancy payment letterWhere an employee has been laid off or put on short time working, after a period of time it's possible for them to try and claim a statutory redundancy payment.  The procedure is complicated but essentially you can serve a counter-notice to contest liability in certain circumstances.  Use our counter-notice to notice of intention to claim a redundancy payment in this scenario.Meaning of lay-off and short timeFor the purposes of this...
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