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Redundancy

18.07.2013 08:02

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Redundancy

1) Situation when employee is dismissed for reason that (mainly) his job ceases to exist or business closes (but only applies where employment was for at least two years after reaching 18 years).

An employee is not redundant if his job continues and he is replaced by another person. Redundant employee entitled to specified payments according to age, length of service and current rate of pay.

Source: David Lowe. The Dictionary of Transport and Logistics. Kogan Page, 2002. – P.200 (288 p.)


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