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365 days of service NOT computing as one year of service in statutory redundancy calculation
Summary
UK Cloud Payroll: Statutory Redundancy CalculationContent
I have a question for the great UK Payroll Customer Connect community
We have a scenario where a colleague started work on 01-06-2015 and the leaving date is 31-05-2019 and it is exactly 4 years (365th day of the year).
However, while calculating Statutory Redundancy Payment Oracle Cloud Payroll is only considering 3 years.
Please could you share your experience? Should this should be treated as 4 years or 3 years of service (when computing the payments for Statutory Redundancy Pay)?
Thank you,
Emma
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