- Statutory redundancy pay which is set down by law
- Contractual redundancy pay, which will be paid if it is written in your contract and there is a redundancy scheme in place where you work.
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If you are in the unfortunate position to be dismissed from you job, there are certain rights that you may be entitled to having been made redundant by your previous employer. The basic rights that you could be eligible to claim upon being made redundant are: - Redundancy pay - Notice period - Option to move into a new and different job - Time off to find a new (replacement) job. Firstly, what is redundancy pay? It is essentially a form of compensation that is paid to you when your job has disappeared. You may be entitled to redundancy pay from your employer but importantly, there are 2 forms:
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