"To qualify for severance pay you must have been working for at least 104 continuous weeks (2years)"
If you're made redundant you may be entitled to severance pay. Find out whether you are and how severance payment is calculated. To qualify for severance pay you must meet four conditions: - Be working for at least 104 continuous weeks (2 years)
- Be contracted to work for no fewer than 21 hours per week
- Be over 16 and under the age of 65 at the time of your dismissal 4. Be dismissed for redundancy
About redundancy What is redundancy?
Redundancy occurs when an employer stops offering the type of work for which you were employed. If I lose my job because of illness can I get severance pay?
No. Dismissal for ill health, misbehaviour or non-compliance with the rules of management does not make you eligible for severance pay. How long do I have to claim severance pay?
You have one year from the date of dismissal to claim severance payment. How is severance pay worked out?
Basic severance pay is calculated as follows: - 2.5 weeks for each year up to 10 years
- 3 weeks for each year exceeding 10 years but not exceeding 20 years
- 3.5 weeks for each year exceeding 20 years, up to a maximum of 33 years
Can you give me an example?
You are made redundant after working for 25 years and were receiving a basic weekly average salary of $200.00 for the last 104 continuous weeks of employment. Your severance pay will be worked out like this: - $200.00 x 2.5 weeks x 10 years = $5 000.00
- $200.00 x 3 weeks x 10 years = $6 000.00
- $200.00 x 3.5 weeks x 5 years = $3 500.00
Severance payment = $14 500.00 I worked in the crop season how would my severance pay be tallied?
If you work for fewer than 35 weeks in a particular period of any given year on a continuous basis, you are a seasonal employee. To work out your years of employment and total pay: 1. Take the total number of weeks worked in each season from the start of employment and divide by 52 (number of weeks in a year)
2. Divide the earnings of your last two seasons by the number of weeks in these seasons. You then multiply the average by four and then by the number of completed years. |
