Redundancy is a form of termination that goes along with a restructure; but the key is that the job is no longer to be performed by anyone. Redundancy entitlements may include statutory and contractual entitlements to notice, leave and redundancy pay, as well as any non-salary rights such as bonuses and share options.
A redundancy can also happen as a result of a business needing to restructure in order to increase its profitability or competitiveness. It may also happen when the duties of your employees with respect to the position, are divided and redistributed among existing employees.
At Parke Lawyers our experienced workplace lawyers are ideally positioned to provide our clients with the legal representation they require in to handle dismissals and redundancy procedures effectively and lawfully.