Employees must be paid when they terminate (or in the next normal payrun) all wages, holiday pay or money outstanding as per the Wages Protection Act 1983. An Employer may not deduct any money without the employees consent .This should be stated in the employees contract and signed by both parties.
Posts Tagged ‘termination pay’
All payments must be made on termination
Posted: August 28, 2009 by paularetallick in Payroll StuffTags: deductions, termination pay
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In Lieu of Notice Payments
Posted: August 28, 2009 by paularetallick in Frequently Asked QuestionsTags: extra pay, lieu of notice, one off pay, termination pay
In Lieu of Notice payments can be paid to an employee if the employer requests the employee to leave immediately once notice has been given. The number of weeks to be paid is specified in the employment contract which should have been signed by both parties. Conversely, the employer may make deductions from the employees [...]
Calculating termination pay
Posted: July 17, 2008 by paularetallick in Frequently Asked Questions, Our Ezybriefs, Payroll StuffTags: ezybrief, termination pay
We get a lot of phone calls as to why the amount showing on the Leave Reports for Annual Leave differs to the amount actually paid to an employee when they terminate. The answer is very simple, accrued leave is valued on the basis of the higher of Normal Pay or the Average Pay over [...]
