Redundancy refers to the situation in which an employer terminates the employment of an employee due to factors such as a company restructure, technological advances, or a downturn in business. In other words, it is the dismissal of an employee due to no fault of their own.
Redundancy can be a difficult and stressful experience for employees, as it can have significant financial, personal, and emotional implications. However, employers have a legal obligation to follow proper redundancy procedures and provide support to employees during the redundancy process.
In general, a fair and reasonable redundancy process should include the following steps:
In addition to these steps, employers may also be required to provide redundancy pay to employees who have been made redundant. The amount of redundancy pay depends on factors such as the length of service, the employee's age, and the terms of the employment contract.
It's important to note that redundancy is not the same as unfair dismissal, which occurs when an employer terminates an employee's employment without a valid reason or without following proper procedures. If an employee believes they have been unfairly dismissed, they may have the right to make a claim for unfair dismissal.
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