The Government should omit the £16,140 cap on statutory redundancy pay. This would recognise and reward longevity for long term employees who are being made redundant. All years worked should count.
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It is unfair for redundancy for someone who has worked in a company or business for many years not to reflect the totality of the time they worked there.
A) This encourages companies to get rid of long-term employees at a capped price.
B) It goes against concepts of loyalty and long-term employment.
C) Puts long-term employees to disadvantage.