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Budget 2009: statutory redundancy pay to increase to £380 a week

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Source: Personnel Today

Issue: Apr 22 2009

Date: 22/04/2009

Publisher: RBI

Budget 2009: statutory redundancy pay to increase to £380 a week

TOPICS:

recruitment	labour market and economy
training and development	training tools and techniques
termination of employment	redundancy

AUTHOR: Louisa Peacock

Statutory redundancy pay will increase from £350 per week to £380 per week, the chancellor's Budget has confirmed.

Alistair Darling did not say when this rise would come into force, but said the measure was necessary to help the increasing number of people being made redundant due to the recession.

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