Entitlement and transition consideration

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4 Terms

1
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Entitlement issue of redundancy payment

When an employee is made redundant, they are entitled to financial compensation from the business for the termination of their employment.

2
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Entitlement issue of annual or long service leave

Any annual leave or accumulated long service leave must be paid out to an employee upon the termination of their contract.

3
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Transition consideration of employability

Offering resume writing or interview training to employees to improve their employability

4
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Transition consideration of uncertainty

Introducing counselling and financial services to ease the uncertainty of leaving the business.