Employee Entitlements at Redundancy

Posted on: Nov 19, 2012

This Member’s Bill amends the Employment Relations Act 2000, to insert a new Part 6E to provide the following minimum statutory entitlements for employees in the event of dismissal for redundancy:

(a)    notice of dismissal of no less than 4 weeks; and
(b)    compensation for redundancy in the amount of 4 weeks’ remuneration for the first full year of the         employee’s continuous employment with the employer; and
(c)    further compensation for redundancy in the amount of 2 weeks’ remuneration for each subsequent full or         partial year of the employee’s continuous employment with the employer, up to a maximum entitlement of         26 weeks’ remuneration

To read view the Bill please click here.

 

Disclaimer

This article, and any information contained on our website is necessarily brief and general in nature, and should not be substituted for professional advice. You should always seek professional advice before taking any action in relation to the matters addressed.

Disclaimer

This article, and any information contained on our website is necessarily brief and general in nature, and should not be substituted for professional advice. You should always seek professional advice before taking any action in relation to the matters addressed.

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