How Is Redundancy Calculated In Nsw
How Is Redundancy Calculated In Nsw . At least 1 year but less than 2 years. The memorandum provides a method to calculate the amount of payment to an employee in the event of redundancy. Redundancy Pay Calculations from select.imiscloud.com The following table is used to calculate the redundancy pay based on the period of continuous service: When your job is made redundant your employer has to give you redundancy pay, also known as severance pay. Therefore, it follows that employees who had entered into a written contract with the nsw government at any time before 10 may 2006, had a written contract as at that date which provided an entitlement to a life benefit termination.