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Definition of “redundancy payment” - English Dictionary

"redundancy payment" in British English

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redundancy paymentnoun [C]

uk   /rɪˈdʌn.dən.si ˌpeɪ.mənt/  us   /rɪˈdʌn.dən.si ˌpeɪ.mənt/ UK
money that a company pays to workers who have lost their jobs because they are no longer needed
(Definition of redundancy payment from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"redundancy payment" in Business English

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redundancy paymentnoun [C]

uk   us   (also redundancy pay [U])
HR money that a company pays to workers who have lost their jobs because they are no longer needed: eligible for/entitled to a redundancy payment An employee becomes eligible for a redundancy payment after two years' continuous employment. claim/seek a redundancy payment make/receive a redundancy payment
(Definition of redundancy payment from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “redundancy payment”
in Chinese (Simplified) 裁员费, 遣散费…
in Chinese (Traditional) 裁員費, 遣散費…
What is the pronunciation of redundancy payment?
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