Redundancy Pay
An employee may have a redundancy entitlement or severance pay if any of the following applies. Note you should always check with the current legislation or your lawyer to confirm potential entitlement to redundancy pay:
- a workplace instrument (e.g. an award or agreement) that applies to the employee contains redundancy pay entitlements
- the employee works for an employer that employs 15 or more employees and has more than 12 months continuous service (some exceptions apply).
- If an agreement that included redundancy provisions was terminated in a certain way less than 2 years ago and the employees covered by that agreement aren’t covered by a new agreement, the old redundancy provisions may still apply.
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From 1 January 2010 all employees working under Commonwealth workplace laws who:
- have at least 12 months continuous service and
- work for an employer that employs 15 or more employees may be entitled to redundancy or severance payments (to a maximum of 16 weeks pay).