38-50 Bidborough St
London WC1H 9BT
Tel: +44 020 3108 8829
Employees are entitled to receive a redundancy payment if they are being made redundant and have worked continuously for UCL for at least two years. Redundancy is calculated on complete years of service and is calculated as follows:
Where the employee's weekly salary is less than the statutory redundancy figure, calculations will be based on your actual weekly salary. For details of statutory redundancy calculations, see the Department for Business Enterprise and Regulatory reform website: http://www.direct.gov.uk/redundancy.dsb
Please note: If you are offered another suitable job at UCL before your last day of service, you will not be entitled to a redundancy payment (unless the new job commences more than 4 weeks after your last day of service). If an employee is given a redundancy payment that they are not entitled to they must repay it. If a job is offered to a UCL employee after their last day of service, there should be a two week break in service before they start the new role.