The OTS recommends that the level of the exemption should be a multiple of the statutory redundancy payment that the relevant individual is entitled to or a flat amount.
Obviously, this may favour employees who are older or who have held the same job for a long time.
Sarah Rushton (firstname.lastname@example.org)
Tel: 0207 539 4147
This is intended for general information only and should not be considered as giving advice in relation to any individual case nor be taken as applying to any particular case. No liability is accepted for any such use of the information.