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<p>The two-year qualifying period for entitlement to statutory redundancy pay strikes
the balance between providing fairness to employees who have demonstrated commitment
to their employer and avoiding undue financial burdens on employers or the National
Insurance Fund.</p><p> </p><p> </p><p>The statutory redundancy scheme is intended
to provide a minimum “safety net” of entitlement for vulnerable employees, and the
legislation leaves the parties free to negotiate and agree improvements on the statutory
entitlement according to their own priorities, needs and circumstances, and what can
be afforded.</p>
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