Redundancy

A redundancy situation generally arises where an employee's job no longer exists and they are not replaced. This can occur when a company closes down or goes into liquidation or receivership. It can also occur where an employer reduces the number of staff perhaps due to a recession.

Voluntary Redundancy

Voluntary redundancy situations arise when an employer requires fewer workers and asks for employees to volunteer for redundancy. The employees who volunteer for redundancy have to satisfy the general conditions attached to qualifying for a redundancy. There must also be a genuine redundancy situation.