Redundancy Policy
This Redundancy Policy sets out the procedure to follow when restructures occur and the benefits that may be provided to employees in the event of a redundancy situation in your business. The Policy does not form part of an employee’s contract of employment (so it does not create or give any contractual entitlement to employees) and is applied at the sole discretion of an employer.
Redundancy is a form of involuntary termination of employment and is a ‘faultless’ dismissal that usually occurs where the business has decided that they no longer need the role an employee has been doing to be performed by anyone, which leads to the termination of the employee’s employment.
It is important that in the instance of a redundancy scenario, consultation obligations are complied with, and redeployment options are actively considered by businesses before an employee’s employment is terminated. We have included further materials to support potential redundancy scenarios for businesses such as Redundancy Scripts and a Template Redundancy Consultation Letter – all available via the Online Shop.
Some businesses may choose to offer additional benefits, over and above the statutory minimum. This template policy can be tailored to add more generous benefits for employees, which can greatly assist to provide comfort to impacted employees, as well as help to build the reputation of any employer. We recommend you obtain specific legal, finance tax advice if planning on offering more generous benefits. You can engage a workchapters Expert on a fixed fee basis direct here.
Our Shop Documents are:
Prepared by Lawyers + Tailored by HR Experts.
Legally compliant.
Instant downloads.
Ready to implement in your Business.
Who’s it for?
Australian businesses needing a policy to outline the process that will be followed in the instance their business needs to make an employee(s) position redundant and terminate their employment.
Note. If the employee(s) is covered by an Enterprise Agreement or Modern Award, refer to the relevant instrument to ensure this template is suitable for you and/or if clauses need to be tweaked. This Policy is not intended to override the obligations imposed under those instruments.
BONUS Template New Policy Acknowledgement Form + Redundancy Guidance Note | Included with the Policy is a *BONUS* Template New Policy Acknowledgment Form (in Microsoft Word) for your employee(s) to complete upon receipt of the new policy AND a Redundancy Guidance Note which includes our 5 Top Tips and Key Steps in the Redundancy Process.
What’s included?
An 8 page, legally compliant Redundancy Policy.
The Policy will be provided to you in a template (Microsoft Word) format for you to input basic details specific to your business (e.g. business name, key contacts/contact details, company logo). There are clear prompts to input data and is intuitive in its nature, allowing you the ability to make small tweaks here or there in the future on an as-needs basis without having the cost and hassle of re-purchasing another document.
How it works
Upon purchase, you will also automatically receive (1) a standard “Order #X Confirmed” email, followed by (2) an email (“Order #X is Ready”) containing a link to the file(s). Note the LINK WILL BE ACTIVE FOR 24 HOURS so download the document upon receipt. Please also check you Junk Email folder if it doesn’t appear in your inbox.
Your file will contain a Template Redundancy Policy, Template New Policy Acknowledgment Form and Redundancy Guidance Note.
If you need further support on implementation of a new Redundancy Policy or would like to discuss potential/upcoming redundancies within your business - we can help! Simply contact the Team at hello@workchapters.co.
Not sure if this document is for you? Book a free 15 minute consultation with our Team here.
Note - All purchases are subject to our Online Shop Disclaimer and Terms + Conditions.
