Redundancy: is it last in first out. or high earners before low earners?

Company is looking to cut costs and say there might be Redundancys. is it last in first out. or high earners before low earners.

Re: Redundancy

Could work out a few ways I imagine. They may also look at it from a point of view of performance in your role and also how important the role is in the bigger scheme of things.

Re: Redundancy

it does not necessarily have to be lastIN/FirstOUT, or any of the other phrases you tend to hear. Essentially a company can set any criteria for redundancies that they like as long as they can be deemed fair and are applied objectively and consistently, and as long as the criteria do not discriminate on any of the usual grounds (gender, age etc). Irish legislation favours the employer in this area pretty much.

Re: Redundancy

Hi,
I've a question on the whole issue of redundancy...are there any statutory requirements that an employer must adhere to? Since Christmas a number of employees in my company have "disappeared"....presumably made redundant but there has been no announcement, no form of communication from the company. At this stage the atmosphere is uneasy to say the least, is the company required to make some formal communication if only as a matter of courtesy? I can appreciate they may not want to alarm anyone but in the current climate they're current modus operandi has us all a bit panicked anyway.

some formal communication

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to the people made redundant? absolutely - 2 weeks notice if i remember correctly but they can let you go the day you were informed and they just pay you these two weeks out

to the people still working in the company? not that im aware off, no formal communication is required by the company unless over 10% of the company's employees were let go. but even then i dont think they're obliged to tell the existing employees. they need to tell the government though. usually companies tell the existing employees about the changes though.