Statutory Redundancy Payment

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A statutory payment due to an employee with two years’ continuous employment who is made redundant. The amount of the payment is calculated in the same way as the basic award, according to a formula based on the employee’s age, length of service and week’s pay (subject to a statutory limit).

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Tiger HR wpua-96x96 Statutory Redundancy Payment

TigercubGW

Tiger HR wpua-96x96 Statutory Redundancy Payment

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