What are you entitled to when you are made redundant NZ?
How much you’ll be paid out depends on how long you’ve been in the job. If you’ve been there for: less than 12 months, you’ll be paid out at 8% of your normal pay rate. at least 12 months, you’ll be paid out at your normal pay rate.
What is the difference between disestablishment and redundancy?
Strictly speaking, redundancy is when a role or position – rather than a person – is surplus to the business’ commercial needs. People often talk about being ‘made redundant’, but a person is only made redundant when their role is no longer needed and is disestablished.
What is a reasonable redundancy package?
You have to have worked for your employer for two years to qualify for statutory redundancy pay. If you have, you get: 0.5 week’s pay for each full year worked when you’re under 22; 1 week’s pay for each full year worked when you’re between 22 and 41; 1.5 week’s pay for each full year worked when you’re 41 or older.
Can you get job seekers allowance if made redundant?
If you’ve lost your job, the main benefit you can claim is new style Jobseeker’s Allowance (JSA). Universal Credit is replacing a number of benefits you would have normally claimed, including Tax Credits and Housing Benefit.
Does restructuring always mean redundancies?
Is restructuring the same as redundancy? Restructuring is not the same as redundancy. A company or organisation can often be restructured, for example, involving the redistribution of work among the same number of employees, where redundancies will not need to be made.
What does it mean to disestablish a role?
Another common term is disestablishment. This is the act of DIS- establishing an existing role, and is another word which is interchangeable with restructuring, making a role redundant etc. b. Redundancy, or restructuring, is a situation where, for genuine business reasons, your staffing requirements have changed.
Can a employer require an employee to work out a redundancy notice?
An employer can require an employee to work out their notice. If an employment agreement mentions redundancy pay, the employer will have to pay for the redundancy. However, if an employment agreement doesn’t mention any such clause, an employee isn’t legally entitled to redundancy pay.
Do you have to pay for redundancy pay?
If an employment agreement mentions redundancy pay, the employer will have to pay for the redundancy. However, if an employment agreement doesn’t mention any such clause, an employee isn’t legally entitled to redundancy pay. If you have a workplace issue, you may want to use the Early Resolution Service to resolve it early, quickly and informally.
How long does it take for a redundancy claim to be rejected?
If your employer does not reject your claim within 7 days of receiving it, write to your employer again giving them your notice. Your claim could be rejected if your normal work is likely to start within 4 weeks and continue for at least 13 weeks.
Can a person be selected for redundancy because of age?
You must be selected for redundancy in a fair way, for example because of your level of experience or capability to do the job. You cannot be selected because of age, gender, or if you’re disabled or pregnant.