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.