Losing your job can be a massive shock, especially when it comes out of nowhere. But if your position has been made genuinely redundant, you may be entitled to a redundancy payment to help you transition and stay financially afloat.
Knowing your rights could mean the difference between being left with nothing or receiving the payout you’re legally owed.
What Is a Redundancy Payment?
A redundancy payment is compensation for losing your job through no fault of your own. It applies when your role is no longer needed; usually due to business changes like downsizing, restructures, or closures.
Under the National Employment Standards, if you’ve been employed for at least 12 months and your employer has 15 or more staff, you’re likely entitled to a redundancy payout based on your years of service.
This can include:
- Redundancy pay (up to 16 weeks)
- Outstanding wages
- Accrued leave entitlements
- Notice period or pay in lieu
But not every employer does the right thing, and that’s where your union comes in.
Unions Make Sure You’re Paid What You Deserve
It’s not uncommon for workers to be underpaid, rushed out the door, or misled about their rights. Unions help members challenge unfair redundancies, recover unpaid entitlements, and negotiate better outcomes during this vulnerable time.
Whether it’s reviewing the redundancy process, pushing for redeployment options, or taking action through the Fair Work Commission, union support gives you the power to protect what you’ve earned.
Don’t Accept Less Than You’re Owed
If you’ve been told your job is redundant, don’t sign anything in a rush. Employers might pressure you to accept a reduced payment or none at all. You have the right to seek advice and fully understand your entitlements before making any decisions.
Know Your Rights Before You Walk Out the Door
Redundancy can feel like the end but with the right support, it can also be a fresh start. Make sure you get everything you’re owed and stand up for fair treatment with union strength behind you.