Redundancy payments and RP50′s – An all too familiar issue these days. Apart from ensuring that employees are awarded their correct stautory redundancy payment (use online calculator http://www.redcalc.entemp.ie), under the Redundancy Payments Legislation, employers need to ensure that they issue at least two weeks notice of redundancy if they are making a redundancy payment. However, there may be an entitlement to a longer notice period if provided for in the contract of employment or in respect of statutory notice entitlement, which can entitle employees to up to 8 weeks notice when over 15 years service has been completed. Notice may be paid in lieu (except the two week redundancy notice) and the redundancy notice may run concurrently with any longer notice period. The option to pay notice in lieu should be provided for in the contract of employment and the redundancy payment needs to be calculated on the “notional” end date, as if the employee had worked out their notice.

It should be noted in a collective redundancy situation that notice of redundancy may not be issued until the end of the 30 day consultation period.

For further professional advice or information on redundancy matters, please contact Carmel Murphy on 071 9642748.

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