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i was employed for 18 months with construction company in Ireland. i waspaid off due to lack of work, i received one weeks holiday pay, am i entitled to redundancy pay

2007-03-07 22:38:11 · 4 answers · asked by Anonymous in Business & Finance Careers & Employment

4 answers

It all depends on your contract. Some places want you to work for a year until you can have redundancy, some want more. It also depends on how much you get paid. Normally you get a weeks pay for every year you have been there. It all depends on the company. I worked for a company and was made redundant after 9 months, but they gave me two months pay as settlement. I am not sure if the rules are different for a company in Ireland though.

2007-03-07 22:45:01 · answer #1 · answered by sledge250672 2 · 0 0

Someone else who has been laid off in the construction industry, join the club both me and my bf have been laid off/made redundant this week! Hope the below info helps! May be different in ireland though! x

This is calculated by taking the employee's age, years of service and average weekly pay to arrive at a figure. However, the weekly pay is limited to a maximum of £310 per week and the maximum years that will be considered is 20. However, the years of service also depend upon the age of the employee.
This is how it is calculated in detail:

Years of service up to the age of 21, the employee's weekly pay is multiplied by 0.5 for each completed year of service.

Years of service between 22 and 40, the employee's weekly pay is multiplied by 1

Years of service from 41 onwards, the employee's weekly pay is multiplied by 1.5

Therefore the absolute maximum that can be awarded is:
20 years at £310 x 1.5 = £9,300.

The employee must have 2 years' continuous service to qualify for this redundancy payment. However, if an employee has less than 2 years' continuous service an Employment Tribunal has a discretion in certain circumstances to extend their period of continuous service to 2 years so that they can then qualify for redundancy pay.

2007-03-08 06:46:10 · answer #2 · answered by Sarah W 1 · 0 0

Redundancy pay is ONLY paid to staff who have been there for 2 FULL YEARS OR MORE.

2007-03-08 07:31:50 · answer #3 · answered by k 7 · 0 0

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2007-03-11 13:39:22 · answer #4 · answered by Anonymous · 0 0

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