Our
Employment Partner, Gareth Dando has featured on The HR
Director providing redundancy advice for company directors.
Talking
to the publication Gareth discussed the various issues surrounding redundancy
for executive-level employees, including the handling of benefit packages and
redundancy pay.
Commenting,
Gareth said:
“As a company director, you may have already been through the
redundancy process otherwise this may be the first time you are facing it.
Either way, it’s important to be prepared. Individuals can be both directors
and employees of a company, and as long as you are an employee, you have the
same employment rights as any other employee.
“The
process of redundancy is the same for all members of a company, regardless of
the level of their job title. If you have been employed as a company director
for two years or more, you have the right not to be unfairly dismissed, so
there must be a genuine potential redundancy situation, and a fair and
reasonable procedure must be followed before the redundancy is confirmed.”
To
read the full article, please visit The HR Director.
The above article is for illustrative purposes only and does not constitute legal advice.
It is recommended that specific professional advice is sought before acting on any part of the information given.
Furthermore, the information contained is accurate and up to date as of the date of publication.
Readers should be aware that legislative frameworks may have been amended since the original date of publication.