Redunancy Policy (Consultation, Packages And Procedure)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🔖 Redundancy policyBusiness activity
Create redundancy policyA redundancy policy is a policy that an employer develops to deal with the process of making employees redundant. The policy will set out the criteria that the employer will use to decide who is made redundant, the process that will be followed and the entitlements that employees will receive.
The template encompasses three key elements: consultation, packages, and procedure. In terms of consultation, it lays out the legal obligations and best practices for the employer to effectively engage and communicate with affected employees and their representatives during the redundancy process. This includes outlining the timeline, content, and methods of consultation, ensuring that the legal requirements for active employee involvement are met.
Moreover, the template also addresses the aspect of redundancy packages. It provides guidance on the entitlements and benefits that employees affected by redundancy should receive, ensuring compliance with UK law. This could cover areas such as redundancy compensation, notice periods, payment in lieu of notice, and any other relevant entitlements or benefits that should be considered when making employees redundant.
Lastly, the template incorporates a comprehensive procedure for managing redundancies within an organization. This entails outlining step-by-step guidelines on how to initiate and implement redundancies compliantly. It includes important considerations such as selection criteria, redeployment opportunities, alternative employment options, and any necessary collective consultation requirements depending on the scale of redundancies.
Overall, this legal template serves as a comprehensive resource, providing essential information and instructions to assist employers in navigating and adhering to UK laws governing redundancy policies.
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