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Redundancy Advice Ireland
Redundancy Advice Ireland
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moneymaximising
3 posts
Dec 06, 2023
2:58 AM
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Money Maximising Advisors Limited offers expert Redundancy Advice in Ireland, guiding individuals through financial challenges during unexpected job loss. Our seasoned professionals provide strategic solutions to maximize compensation, ensuring a secure financial future. Trust us for compassionate guidance and comprehensive support during uncertain times. Phone- +353 91 393 125
Email- office@mmadvisors.ie
Address- Unit 3, Office 6, Liosban Business Park, Tuam Rd, Galway, Ireland
Last Edited by moneymaximising on Dec 06, 2023 2:59 AM
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Sofiachloe
1 post
Dec 06, 2023
4:30 AM
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You will be entitled to a redundancy payment of 2 weeks pay for every year you have worked, plus 1 additional bonus week of pay. If you earn over €600 in gross weekly pay then a week in redundancy terms is considered to be worth €600 as your upper cap.You're entitled to statutory redundancy if you have worked for your employer for over two years. Your minimum redundancy payment is calculated as two weeks' pay for each year you worked there, plus an additional week's pay. It's capped out at a max of €600 a week (or €31,200 a year).An eligible employee is entitled to two weeks normal weekly remuneration for every year of service, plus a bonus week. The redundancy lump sum calculation is based on the worker's length of reckonable service and weekly remuneration, which is subject to a ceiling of €600 per week.
Last Edited by Sofiachloe on Dec 06, 2023 4:30 AM
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jessiehernandez
1 post
Jan 13, 2025
6:53 PM
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