Reward Policy and Practice

Advisory Support: Redundancy Terms

  • April 27, 2020
A member raised the following questions regarding redundancy: Do you have different voluntary redundancy payment terms for managers vs non-managers in the UK? Yes No What is the build-up rate for determining the voluntary redundancy payment for managers in the UK? E.g. 2-weeks’ salary per year of service 3-weeks’ salary per year of service 1-months’

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