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redundancy payment

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redundancy payment
n
(Business / Industrial Relations & HR Terms) a sum of money given by an employer to an employee who has been made redundant: usually calculated on the basis of the employee's rate of pay and length of service
Translations
redundancy payment n (Brit) → indennità f inv di licenziamento


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CAPTION(S): STILL WAITING: Single mum Pippa Whitworth in debt because of a delay in her redundancy payment from Principles in New Street (top left) (JH040909Cpippa-03)
Mr Newham, 45, was desperately looking for work when he was told his pounds 60 a week jobseekers' allowance was being axed due to his pounds 7,000 redundancy payment.
8 million compensation package for the threatened staff - the average redundancy payment will be pounds 8,000.
 
 
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