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What effect will the receipt of Childcare Vouchers have on redundancy pay?

April 26, 2017Childcare pay RECEIPT redundancy vouchers

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What effect will the receipt of Childcare Vouchers have on redundancy pay?

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Weekly pay is one of the factors used to calculate statutory redundancy payments and so any statutory redundancy payments will be based on post-salary exchange pay. The University of York will base any enhanced redundancy payments on Notional Salary.