Longman Dictionary of Contemporary English
redundancy pay
noun
EXAMPLES FROM CORPUS
▪ As a result, a volunteer remains entitled to his statutory right to redundancy pay.
▪ His redundancy pay and bar work supported him while he did this.
▪ If Sandie does not want it she will still get redundancy pay.
▪ Some have worked at Bentley pianos for forty years, but they haven't been offered a penny in redundancy pay.
▪ The last time I saved any money was my redundancy pay, but that soon went.
▪ The man from Bicester who blew his redundancy pay on a Rolls Royce.
▪ The tribunal ruled that all three women were entitled to redundancy pay.
▪ Thus the absence does not reduce accrued rights to redundancy pay or to notice entitlement.
Usage examples of "redundancy pay".
He switched to Good Morning America and watched the mayor explaining how he intended to deal with the firemen's union and their demand for higher redundancy pay.
You might be out of a job, Mr and Mrs Dourane - I hope you arranged for redundancy pay.