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These days, many employers have older employees who are in their late 60s and early 70s. If you need to make one, or more, of them redundant how do you calculate their statutory redundancy payment
(SRP)?
Published 26.03.2013
Employees with two complete years’ service have the right to receive a statutory redundancy payment (SRP). If you need to carry out a redundancy exercise, how is the SRP calculated?
Published 29.01.2020
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?
Published 26.05.2022
It was recently reported that the insurance giant, Aviva, will be paying affected staff “two weeks’ pay only” in its next round of redundancies. So do employers have the right to reduce redundancy
payments?
Published 03.05.2013
You might have furloughed members of staff or be planning on doing so. Where an employee has been furloughed can you make them redundant during or after their furlough period?
Published 18.05.2020
Where a furloughed employee is made redundant, is their notice pay and any statutory redundancy pay (SRP) entitlement calculated using their normal rate of pay or their furlough pay?
Published 29.04.2021
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