Age Discrimination

Age Discrimination
Age discrimination refers to the denial of privileges and other unfair treatment of employees or job applicants based on their age. This is prohibited by federal law under the Age Discrimination in Employment Act (ADEA) of 1967.
Redundancy Payment
The sum that an employee dismissed due to redundancy is entitled to receive from his or her employer under the Employment Rights Act 1996. It is based on the employee's age, years of continuous employment, and weekly pay.

Accounting Terms Lexicon

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