REDUNDANCY PAY
How do pay cuts affect statutory redundancy pay?
Many employers negotiate staff pay cuts to avoid making redundancies. If redundancies later become inevitable, is a statutory redundancy payment (SRP) calculated using the reduced rate of pay or the employee’s original salary?
Login
Subscribe
Access to this part of
Tips & Advice Business Database is only available to subscribers.
Don't have a subscription?
Subscribe now for immediate access to all the features.
