Redundancy

A redundancy situation arises in certain particular circumstances namely when there is a closure of a business or workplace or a reduction in the size of the workforce. If there is a genuine redundancy situation and you are dismissed by reason of redundancy then certain procedures must be followed. If they are not or the ‘redundancy’ situation is not a genuine one, the dismissal will potentially be unfair.

Your entitlement to a redundancy payment

If you are made redundant and have been employed for a minimum of 2 years, you are entitled to a redundancy payment based on the amount you earned per week, your age and the number of years that you have worked for your employer.

You should also check your contract of employment because if there are provisions regarding enhanced redundancy payments, you may be entitled to higher redundancy payment than the statutory minimum.

If you are made redundant then we suggest that you take legal advice immediately.