Letter of Explanation (Calculating Statutory Redundancy Pay)
Publisher one
ƵSource file
Jurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🖍️ Redundancy calculation letterBusiness activity
Calculate redundancy paymentA redundancy calculation letter is a document that sets out how an employer has calculated an employee's redundancy pay. The letter should include the employee's length of service, age, weekly pay and the number of weeks' pay that they are entitled to.
Redundancy pay is a crucial aspect of employment rights, ensuring that employees facing redundancy are adequately compensated for the loss of their job. However, calculating statutory redundancy pay can be complex, involving various factors such as age, length of service, and weekly gross pay.
This template assists employers by providing a clear and detailed explanation to affected employees, outlining the methodology used to calculate their statutory redundancy pay. The letter can be tailored to include the specific details relevant to each employee, providing transparency and minimizing any potential confusion or disputes.
The letter typically includes information on the employee's length of service, the multiplier and the maximum gross weekly pay (subject to statutory limits) used in the calculations, as well as any deductions that may have been made based on specific circumstances. Moreover, it may address any additional considerations or relevant factors that may affect the final redundancy payment.
By providing a comprehensive explanation of the calculation methodology, this template ensures that employers comply with UK employment law requirements, while simultaneously fostering open and clear communication with affected employees. This helps to promote transparency, address any concerns or inquiries the employee may have, and ultimately maintain positive employer-employee relationships during the difficult period of redundancy.
How it works
Create doc / use template
Chat to our
Edit, collaborate & share
Export to .docx
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
The template typically covers various aspects of the underwriting agreement, including the scope of the underwriter's mandate, the underwriting commitment, and the underwriting fees or compensation to be paid. Additionally, it may address the conditions under which the underwriter is expected to source potential investors, market the securities, and potentially purchase any unsold portion of the securities.
The letter may also detail other significant clauses relevant to the underwriting arrangement, such as termination provisions, representations and warranties, indemnification, confidentiality, dispute resolution mechanisms, and applicable legal jurisdiction.
By providing a standardized framework for underwriting agreements, this legal template ensures clarity, professionalism, and legal compliance for all parties involved, promoting a fair and transparent underwriting process under the UK legal system.
Publisher
ƵJurisdiction
England and WalesThis Warehouse Manager contract template is designed for a commercial warehouse management organisation (or an individual warehouse manager) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of warehouse management and warehouse-management-related services to be completed by the warehouse manager on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the warehouse management firm or individual warehouse manager on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
Publisher
ƵJurisdiction
England and WalesThis Warehouse Worker contract template is designed for a commercial warehouse management organisation (or an individual warehouse worker) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of warehouse management and warehouse-management-related services to be completed by the warehouse worker on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the warehouse management firm or individual warehouse worker on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
