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A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
The redundancy compensation payment for employees depends on the length of time an employee has worked for an employer which excludes unpaid leave. If an employer can't afford the redundancy payment they are supposed to give their employee, once making them redundant, or they find their employee another job that is suitable for the employee.
It does not necessarily mean the employee's work has reduced, nor does it mean the amount of anyone else's work has reduced - the employer may simply have found an efficiency that allows the same work to be done by fewer staff. A business reorganisation might or might not also be a redundancy - a mere reshuffle is not a redundancy. [67]
Image credits: Suwi #7. I was working at a daily newspaper and going to law school at night. My immediate boss resented this and kept changing my work schedule to try to mess up my schooling.
Not only does an employer need genuine business reasons for a redundancy, they must follow a fair procedure. Based on case law, fair procedure includes: notification of the restructuring process before decisions are made. notification of the criteria used to decide who will be made redundant.
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The Redundancy Payments Act 1965 (c. 62) was an act of the Parliament of the United Kingdom that introduced into UK labour law the principle that after a qualifying period of work, people would have a right to a severance payment in the event of their jobs becoming economically unnecessary to the employer. The functions of the redundancy ...
Elon Musk became rich and famous as an entrepreneur, but he’s quickly making a new name for himself as one of the most singular and polarizing figures of any presidential administration.