Definition
Redundancy or severance pay received by employees when their job is terminated in a specified period. The amount of redundancy pay is usually based on an employment period of continuous service, excluding any unpaid leave.
Components
Data Element
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Data Element Concept (this item)Employee: Redundancy payment
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Object ClassEmployee
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PropertyRedundancy payment
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Conceptual DomainNone
Related content
| Relation | Count |
|---|---|
| Data Elements implementing this Data Element Concept | 1 |