Redundancy
Termination of employment because job no longer needed (not employee fault).
Formula
Statutory Redundancy Pay = Weekly Pay × Years of Service × Age Multiplier
Real World
When Woolworths collapsed in 2008, over 25,000 employees were made redundant as stores closed — the role of shop assistant ceased to exist, making this genuine redundancy rather than dismissal.
Exam Focus
Stress that redundancy is about the role becoming unnecessary — not employee misconduct; misidentifying this as dismissal is a common exam error.
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