redundancy payment

Frequency: 7.512.8 per million words

a sum of money given to someone who has been made redundant

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Examples (10)

  • After twenty years of service, he received a substantial redundancy payment.
  • The company is legally required to provide a redundancy payment to all eligible employees.
  • How is the statutory redundancy payment calculated in this country?
  • She used her redundancy payment to start her own small business.
  • Most of the redundancy payment will be tax-free up to a certain limit.
  • Negotiations are ongoing regarding the final redundancy payment package.
  • He was disappointed with the small redundancy payment he was offered.
  • Employees who volunteer for the scheme will receive an enhanced redundancy payment.
  • You should check your contract to see if you are entitled to a redundancy payment.
  • The redundancy payment helped cover his mortgage for several months.