Money Maximising Advisors Limited

 Facing redundancy can feel like the rug’s been pulled from under you. Whether it’s expected or comes out of the blue, losing your job is a deeply personal and emotional experience. But here’s the thing — you don’t have to go through it alone. At Money Maximising Advisors Limited , we’ve helped countless individuals across Dublin, Galway, and all over Ireland make sense of redundancy and reclaim control over their future. With the right guidance, you can turn uncertainty into opportunity. ✅ What Exactly Is Redundancy? Redundancy happens when your job is no longer required — not because of your performance, but due to business changes like downsizing, restructuring, or new technologies taking over. And here’s the truth many forget to say out loud: redundancy is not personal. It’s about the position, not the person. In Ireland , redundancy is governed by specific employment laws to ensure you’re treated fairly and get what you’re owed — from Statutory Redundancy Pay Ireland to p...

Redundancy can be a stressful and uncertain time, but knowing your rights and entitlements in Ireland can help you navigate this process with confidence. Whether you’re facing redundancy or simply want to understand your options, this guide covers everything you need to know about redundancy payments, statutory entitlements, and ex gratia payments in Ireland. What Is Redundancy in Ireland? Redundancy occurs when an employer needs to reduce their workforce due to business closure, financial difficulties, or restructuring. If you’ve been employed continuously for at least two years with the same employer, you may be entitled to a statutory redundancy payment . Redundancy Payments in Ireland 1. Statutory Redundancy Pay The statutory redundancy payment is the minimum legal payment an employer must provide to qualifying employees. It is calculated as follows: Two weeks’ pay per year of service (capped at €600 per week) One additional week’s pay To determine your entitlement, you can use ...