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Meaning of "redundancy payment" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF REDUNDANCY PAYMENT

redundancy payment play
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GRAMMATICAL CATEGORY OF REDUNDANCY PAYMENT

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Redundancy payment is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES REDUNDANCY PAYMENT MEAN IN ENGLISH?

Layoff

Layoff, also called redundancy in the UK, is the temporary suspension or permanent termination of employment of an employee or a group of employees for business reasons, such as when certain positions are no longer necessary or when a business slow-down occurs. Originally the term layoff referred exclusively to a temporary interruption in work, as when factory work cyclically falls off. The term however nowadays usually means the permanent elimination of a position, requiring the addition of "temporary" to specify the original meaning. Many synonyms such as downsizing exist, most of which are euphemisms or doublespeak and more abstract descriptions of the process, most of which can also be used for more inclusive processes than that of reducing the number of employees. Downsizing is defined as the "conscious use of permanent personnel reductions in an attempt to improve efficiency and/or effectiveness". Since the 1980s, downsizing has become increasingly common. Indeed, recent research on downsizing in the U.S.

Definition of redundancy payment in the English dictionary

The definition of redundancy payment in the dictionary is a sum of money given by an employer to an employee who has been made redundant: usually calculated on the basis of the employee's rate of pay and length of service.

WORDS THAT BEGIN LIKE REDUNDANCY PAYMENT

reductionist
reductionistic
reductive
reductively
reductiveness
reductor
reduit
redundance
redundancies
redundancy
redundancy agreement
redundancy money
redundant
redundantly
reduplicate
reduplication
reduplicative
reduplicatively
reduviid
redux

WORDS THAT END LIKE REDUNDANCY PAYMENT

advance payment
advertisement
balloon payment
debt repayment
deployment
down payment
employment
enjoyment
loan repayment
method of payment
mortgage payment
natural rate of unemployment
overpayment
payment
prepayment
re-employment
repayment
self-employment
transfer payment
underpayment
unemployment

Synonyms and antonyms of redundancy payment in the English dictionary of synonyms

SYNONYMS

Translation of «redundancy payment» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF REDUNDANCY PAYMENT

Find out the translation of redundancy payment to 25 languages with our English multilingual translator.
The translations of redundancy payment from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «redundancy payment» in English.

Translator English - Chinese

裁员费
1,325 millions of speakers

Translator English - Spanish

indemnización por despido
570 millions of speakers

English

redundancy payment
510 millions of speakers

Translator English - Hindi

अतिरेक भुगतान
380 millions of speakers
ar

Translator English - Arabic

دفع التكرار
280 millions of speakers

Translator English - Russian

оплата избыточность
278 millions of speakers

Translator English - Portuguese

indemnização por despedimento
270 millions of speakers

Translator English - Bengali

অতিরিক্ত অর্থ প্রদান
260 millions of speakers

Translator English - French

indemnité de licenciement
220 millions of speakers

Translator English - Malay

Bayaran redundansi
190 millions of speakers

Translator English - German

Abfindung
180 millions of speakers

Translator English - Japanese

解雇手当
130 millions of speakers

Translator English - Korean

중복 결제
85 millions of speakers

Translator English - Javanese

Pembayaran redundansi
85 millions of speakers
vi

Translator English - Vietnamese

thanh toán dự phòng
80 millions of speakers

Translator English - Tamil

பணிநீக்க பணம்
75 millions of speakers

Translator English - Marathi

रिडंडन्सी देयक
75 millions of speakers

Translator English - Turkish

fazladan ödeme
70 millions of speakers

Translator English - Italian

indennità di licenziamento
65 millions of speakers

Translator English - Polish

Odprawa
50 millions of speakers

Translator English - Ukrainian

оплата надмірність
40 millions of speakers

Translator English - Romanian

plata de concediere
30 millions of speakers
el

Translator English - Greek

πληρωμής λόγω πλεονασμού
15 millions of speakers
af

Translator English - Afrikaans

ontslag betaling
14 millions of speakers
sv

Translator English - Swedish

avgångsvederlag
10 millions of speakers
no

Translator English - Norwegian

sluttvederlag
5 millions of speakers

Trends of use of redundancy payment

TRENDS

TENDENCIES OF USE OF THE TERM «REDUNDANCY PAYMENT»

The term «redundancy payment» is normally little used and occupies the 132.278 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Little used
38
/100
The map shown above gives the frequency of use of the term «redundancy payment» in the different countries.
Principal search tendencies and common uses of redundancy payment
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «redundancy payment».

FREQUENCY OF USE OF THE TERM «REDUNDANCY PAYMENT» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «redundancy payment» during the past 500 years. Its implementation is based on analysing how often the term «redundancy payment» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about redundancy payment

EXAMPLES

10 ENGLISH BOOKS RELATING TO «REDUNDANCY PAYMENT»

Discover the use of redundancy payment in the following bibliographical selection. Books relating to redundancy payment and brief extracts from same to provide context of its use in English literature.
1
Redundancy: The Law and Practice
strike will not affect entitlement to the redundancy payment.12 Second, if, during notice of dismissal for redundancy, an employee commits an act of misconduct ( other than going on strike) and the dismissal occurs during the obligatory period  ...
John McMullen, 2011
2
Business Law
The employer must give the worker a written statement showing how the amount of redundancy payment has been calculated, non-compliance being a criminal offence. Redundancy payment does not affect a right to unemployment benefit, ...
S. B. Marsh, J. Soulsby, 2002
3
Blackstone's Statutes on Employment Law 2014-2015
The Online Resource Centre for this book also provides web links, updates and details of forthcoming legislation with links to proposals and drafts.
Richard Kidner, 2014
4
Employment Law Handbook
For the intervening six years, many cases were brought by employees trying to establish that they were entitled to a redundancy payment. A combination of the erosion of the value of a statutory redundancy payment (the maximum possible ...
Daniel Barnett, Henry Scrope, 2008
5
Employment Law in Practice
C had been dismissed on grounds of redundancy, receiving a contractual redundancy payment which exceeded the statutory entitlement by £20,685. His dismissal was held to be unfair, but the tribunal went on to find that if the employers had ...
THE CITY LAW SCHOOL, Nigel Duncan, Jennifer Eady, 2014
6
Cases and Materials on Employment Law
The Redundancy Payment Act 1965 was passed some six years before the introduction of the right not to be unfairly dismissed. Prior to 1971, dismissed employees sought to bring themselves within the provisions of the 1965 Act in order to ...
Richard Painter, Ann Holmes, 2012
7
Employment Law
Some severance payment schemes provide a total sum including pay in lieu, a statutory redundancy payment, and an additional payment, without any specific identification of the amount of the component parts. At one stage there was a tax  ...
James A. Holland, Stuart Burnett, 2014
8
Essential Law for Landowners and Farmers
On the other hand, where an employee is employed for a particular kind of work and that work ceases, then his dismissal will entitle him to claim a redundancy payment. So a farmer who sells his dairy herd may make his herdsman redundant.
A. Sydenham, 2008
9
Employee Reward Structures: Fifth edition
22.7 Statutory Redundancy Payments An employee who has two years' qualifying service has a statutory right to a redundancy payment if he is genuinely made redundant. The amount of the payment is calculated using a formula – a ready ...
Aidan Langley, 2013
10
Employment Law Statutes 2011-2012
Chapter V OTHER PROVISIONS ABOUT REDUNDANCY PAYMENTS 162 (1) 165 AMOUNT OF A REDUNDANCY PAYMENT The amount of a redundancy payment shall be calculated by— (a) determining the period, ending with the relevant ...
Janice Nairns, 2013

10 NEWS ITEMS WHICH INCLUDE THE TERM «REDUNDANCY PAYMENT»

Find out what the national and international press are talking about and how the term redundancy payment is used in the context of the following news items.
1
First minister 'angry' over £232000 redundancy payout
An unnamed civil servant received the redundancy payment in 2014, the highest figure given in recent years. Carwyn Jones asked the prime minister to devolve ... «BBC News, Jul 15»
2
No redundancy payment for Clerys staff
The liquidators KPMG have confirmed that staff directly employed by the company will only receive statutory redundancy and not holiday pay or outstanding ... «UTV Ireland, Jun 15»
3
Treasury to cap public sector redundancy payments at below £100k
Further steps to limit the redundancy payments made to senior public sector staff have been announced by the Treasury, with legislation now set to outlaw ... «Public Finance, May 15»
4
Sanford closure: redundancy pay an insult to workers
Workers at the Sanford mussel processing facility in Christchurch are gobsmacked by the company's decision to give a minimal redundancy payment to workers ... «Scoop.co.nz, Apr 15»
5
Six Darrell Lea staff denied redundancy payments as shell company …
The union took the employer to the Fair Work Commission arguing that eight workers were entitled to redundancy payments, as they were not being offered ... «ABC Online, Feb 15»
6
Conservatives would cap redundancy payouts for NHS, BBC and …
The party said it would legislate against big redundancy payments as one of the ... we're going to introduce a new public sector redundancy pay cap,” she said. «The Guardian, Jan 15»
7
Public sector redundancy payments to be clawed-back
Highly paid public sector administrators who take a redundancy payment then return to the same part of the public sector within a year will need to repay the ... «Workplace Savings & Benefits, Oct 14»
8
Phones 4u staff likely to miss out on redundancy payments
Phones 4u staff with less than two years service are likely to receive no redundancy payment, following the appointment of PricewaterhouseCoopers (PwC) to ... «Mobile News, Sep 14»
9
Former JBWere chief asked for year's salary as redundancy pay
According to a Fair Work Commission document, former JBWere chief executive Paul Heath sought the redundancy payment after a restructure that brought the ... «Sydney Morning Herald, Jun 14»
10
Thousands of NHS staff made redundant then rehired, MP admits
We need to know whether the Prime Minister has honoured his promise to recover redundancy payments from people who have been re-employed by his new ... «CIPD, Mar 14»

REFERENCE
« EDUCALINGO. Redundancy payment [online]. Available <https://educalingo.com/en/dic-en/redundancy-payment>. Apr 2024 ».
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