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Date/Time
Date(s) - 24/04/2025
9:00 am - 3:00 pm
Location
Barbados Employers' Confederation
Categories
At the point of termination, employers are tasked with determining the statutory payments due to employees when an employment contract comes to an end. This includes severance, notice and holiday pay depending on the circumstances. This workshop will focus on the different types of final payments required and guide employers in appropriately calculating the different payments when terminating an employment contract.
Participants will learn:
- The definition of final pay and its components.
- The importance of adhering to labour laws when making final payments.
- The legal requirements for severance payments and how to calculate.
- The statutory deductions to be taken from final payments.
- The factors influencing severance (length of service, salary, reason for termination).
- How to calculate holiday and notice pay for final payments
- When notice pay is required in final pay and when it is not
- Adjustment considerations when making final payments.
- The relevant wage protections relating to final payments.
- How to avoid errors or missteps when calculating final payments.
Training Methods May Include
- PowerPoint presentation
- Interactive discussion/exercises
- Videos
- Case studies & group exercises
Who Should Attend
- Heads of Departments
- Human Resource personnel
- Line Managers & Supervisors
- Senior Managers
- Administrative Officers
- Business Executives
- Payroll Officers
- Professionals
Bookings
Bookings are closed for this event.