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PAE
• If you’ve been there for more than two years, team if you have the right transferrable skills.
you’ll receive one weeks’ notice for each
year you’ve been employed for 2 – 12 years. Know your rights
If you do find yourself dealing with
• If you’ve been at the company more than 12 redundancy, it’s important that you understand
years, you’re entitled to 12 weeks’ notice. your rights, to ensure that the process is as
This is the maximum time the employer has fair and smooth as possible for both you and
to give you. However, they can choose to your employer.
give you more notice if they want.
If you find your employer is not acting fairly or
Voluntary redundancy you’re not receiving the correct pay or notice,
For some employees, dealing with get in touch with your local legal authorities for
redundancy may come as good news. In fact, advice.
employers can ask staff members to take
voluntary redundancy in return for a financial What is redundancy pay and will I receive
incentive. This saves the employer having to it?
choose who to let go. You could receive a severance pay package
as compensation. However, you will only
Note that employers cannot simply offer this to be eligible for this if you’ve worked for the
older employees as an incentive to retire early company for at least two years. Pay is
– that would amount to age discrimination. dependent on the age bracket you fall into.
Often, employers offer these types of Statutory pay works as follows:
redundancies to longer-standing or more
senior members of the workforce. • If you’re under 22, you’re entitled to half a
week’s pay for each full year you worked at
If your employer suggests the option of the company.
voluntary redundancy, anyone can put
themselves forward for it. This doesn’t, • Between the ages of 22 and 41, you’ll
however, mean that the employer has to receive a full week’s pay for each full year
select you. Ultimately, its their decision who you served at the company.
they let go.
• After 41, you’ll receive a week and a half’s
Alternative employment pay for every full year you worked at the
If the company is changing directions or your company.
role is no longer needed, your employer Length of service is capped at 20 years and if
may offer you alternative employment. This you were made redundant on or after 6 April
means you’ll have the option to stay with the 2024, your weekly pay is capped at £700.
company but working in a different role or Note that the maximum you can receive is
department. £21,000. If you were made redundant before
this date, these amounts will be lower.
For example, while you may have a job in
sales now, your employer might be able to
offer alternative employment in its marketing
18 January 2025
