Checklist: What Qualifies as a Genuine Redundancy Payment agreement Finance Supervisor

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Managing Redundancies is written specifically to help you avoid potential disputes and ensure the best possible outcome for you and your employees

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Checklist: What Qualifies as a Genuine Redundancy Payment agreement Finance SupervisorA genuine redundancy payment is a payment that you pay an employee who you have dismissed due to their position in the company becoming genuinely redundant. There are special conditions regarding redundancy payments, e. g. taxation, which means it is important to be sure. Use this checklist to assess the payment and ensure it matches the strict conditions to be a redundancy payment.