Month: August 2020

Termination Pay & Redundancy

WHAT IS TERMINATION PAY? Termination pay is another name for the final payment an employee receives when their employment ends. It differs from regular pay because it includes: Any time worked since the last pay period. Any leave entitlements owed to the employee. Any other contractual benefits such as notice periods or redundancy compensation. Any …

Termination Pay & Redundancy Read More »

Scroll to Top