U
Unregistered
Guest
Hi
My sister is being made redundant shortly. She is well paid (i.e. weekly salary is approx €2 k) and will only be getting statutory redundancy.
Statutory redundancy is 2 weeks salary for every year in current job (she is there 4 years) , plus 1 week. The ceiling on statutory redundancy is only €600 perweek.
I make her statutory redundancy €600 (max.weekly ceiling) x 2 (weeks) x 4 (years) +600 (1 week) = € 5,400.
There is absolutelynopossibility of ex gratia payments etc.
The dilemma is however, that she would be better off being 'let go' or even fired (I don't mean for 'gross misconduct'), rather than claiming redundancy,as she would be guaranteed at least a month's salary free of tax i.e. €8,000.
Are my calculationcorrect, any suggestions or comments appreciated.
Thanks
G
My sister is being made redundant shortly. She is well paid (i.e. weekly salary is approx €2 k) and will only be getting statutory redundancy.
Statutory redundancy is 2 weeks salary for every year in current job (she is there 4 years) , plus 1 week. The ceiling on statutory redundancy is only €600 perweek.
I make her statutory redundancy €600 (max.weekly ceiling) x 2 (weeks) x 4 (years) +600 (1 week) = € 5,400.
There is absolutelynopossibility of ex gratia payments etc.
The dilemma is however, that she would be better off being 'let go' or even fired (I don't mean for 'gross misconduct'), rather than claiming redundancy,as she would be guaranteed at least a month's salary free of tax i.e. €8,000.
Are my calculationcorrect, any suggestions or comments appreciated.
Thanks
G