Webto accept/take voluntary redundancy (= to offer to leave your job) the threat of compulsory redundancies. All members of staff are entitled to redundancy payments. 200 workers … Web3. British. a : the act of ending the employment of a worker or group of workers. [count] compulsory/voluntary redundancies [= layoffs] [noncount] The restructuring is expected to result in the redundancy of several hundred workers. b [noncount] : the fact of being dismissed from a job because you are no longer needed.
REDUNDANCY Synonyms: 28 Synonyms & Antonyms for REDUNDANCY …
Webredundancy. the loss of jobs by employees, brought about by company RATIONALIZATION and reorganization that results from falling demand or PRODUCTIVITY improvement. In the UK, adult employees under 40 years of age are entitled to redundancy or severance payment of one week's pay for each year of service, and for those over 40, it is one and a ... Webnoun [ C or U ] uk / rɪˈdʌndənsi / us plural redundancies. HR. a situation in which someone loses their job because their employer does not need them: The takeover is expected to … how are topics added to fasb technical agenda
Redundancy definition and meaning Collins English …
WebDefinition of redundant as in extra being over what is needed this area is already chockablock with shopping malls; another one would be redundant Synonyms & Similar Words Relevance extra surplus excess superfluous unnecessary spare unwanted additional supernumerary supererogatory unneeded supplementary dispensable supplemental … Webredundancy. termination of employment because of the disappearance of the need for the job. In the employment law of the UK, certain rights accrue to someone who is made redundant, i.e. if his dismissal is the result wholly or mainly of the cessation of the employer's business or to the cessation or diminution of demands for particular work. WebMar 26, 2024 · redundancy. 1 (noun) in the sense of layoff. They hope to avoid future redundancies. Synonyms. layoff. sacking. dismissal. 2 (noun) in the sense of unemployment. Thousands of employees are facing redundancy. how are top hat plans taxed