redundancy payment N Brit
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Monolingual examples (not verified by PONS Editors)
You could have arranged to have part of your redundancy payment made as an employer contribution to your pension, therefore avoiding tax on that money.
www.ft.com They may also have more money available to invest in getting their business off the ground, particularly if they have left a career with a lump sum redundancy payment.
www.telegraph.co.uk This could for instance be where the employee was entitled to redundancy payment, payment in lieu of notice and any outstanding annual leave.
www.nwemail.co.uk An ex-gratia redundancy payment was also recommended for those workers whose positions were genuinely made redundant.
www.mayonews.ie This means the employee is not entitled to receive any payment in lieu of notice or a redundancy payment.
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