On Air Late Lunch Christy Dehaven & Beth Espey | 1:00pm - 3:00pm

Redundancy payments proposals added to consultation

The Equality Bill consultation has added a section about statutory redundancy payments.

The proposed Bill prohibits discrimination, in employment and in the provision of goods and services, on the grounds of the likes of age, disability, gender, race, religion and sexual orientation.

One of the effects of the legislation will be to end the age restriction on entitlement to redundancy pay, which is currently 65 or lower, depending on the normal retirement age for the employment in question.

In addition to this, the consultation seeks views on discontinuing the redundancy payments paid by government to smaller employers.

It also proposes a cap on statutory redundancy payments, as is the case in the United Kingdom, along with changes to the calculation of the basic award for unfair dismissal.

 

More from Isle of Man Business