Being made redundant or being offered a redundancy can be a confronting time with a combination of emotions likely to be running through your mind along with some important financial decisions to be made. This module is designed to assist those facing a potential redundancy and includes information on:
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How a redundancy payment works including an overview of the components that may make up a redundancy
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Options to replace your income when you cease your job
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Important considerations when taking a redundancy and embarking on that next role
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Example of a redundancy payment