Updated to take into account the increase in the maximum amount of a week's pay, in force from 6 April 2016, for calculating a statutory redundancy payment.
Updated to include a reminder of the maximum amount of a week's pay effective from 6 April 2016 in respect of calculating a redundancy payment.
Updated to include information on a new Government consultation on reforms to public-sector exit payments.
Five worked examples setting out how to calculate enhanced redundancy payments for different types of employers' enhanced redundancy schemes.
Amanda Steadman is a professional support lawyer and Ed Gregory, Rosie Kight and Joanne Magill are associate solicitors at Addleshaw Goddard LLP. They round up the latest rulings.
Victoria Bell is managing associate and Gerri Hurst, Carly Mather and Andrew Nealey are associates and Eleanor Cittern is a trainee solicitor at Addleshaw Goddard LLP.
A table summarising the permitted options for enhanced redundancy payments.
A worked example setting out how to calculate an enhanced redundancy payment where the employer's enhanced redundancy scheme multiplies the appropriate amount allowed for each year of employment by two.
A worked example setting out how to calculate an enhanced redundancy payment where the employer's enhanced redundancy scheme applies different age bands to those under the statutory scheme.
HR and legal information and guidance relating to enhanced redundancy pay.