Deed of Release (Redundancy)
A Deed of Release (Redundancy) can be used when you have terminated an employee due to redundancy.
Last updated January 14, 2025
Suitable for Australia
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What is a deed of release (redundancy)?
What is a deed of release (redundancy)?
When should you use a deed of release (redundancy)?
When should you use a deed of release (redundancy)?
What should be in a deed of release (redundancy)?
What should be in a deed of release (redundancy)?
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Frequently asked questions
What protections does this document provide for employers?
keyboard_arrow_upWhat are the main limitations for employees?
keyboard_arrow_upIs this document suitable for all types of terminations?
keyboard_arrow_upWhat steps are required to make the deed effective?
keyboard_arrow_upDoes this deed affect post-employment restraints?
keyboard_arrow_upHow quickly can this document be completed?
keyboard_arrow_upWhat should both parties do after signing?
keyboard_arrow_upView Sample Deed of Release (Redundancy)
The Legal Risk Score of a Deed of Release (Redundancy) Template is Medium
Our legal team have marked this document as medium risk considering:
- The document stipulates that all claims against the employer related to the employment and its termination are fully released, which could prevent the employee from pursuing any further legal action if future issues or unrecognized claims related to the employment arise.
- Redundancy carries the inherent risk of an unfair dismissal claim if not managed properly.
- The employee's signature must be witnessed in order to be effective.
Overall, this document is designed to finalize the end of an employment relationship by settling all claims and reinforcing confidentiality and professional conduct post-employment. While it provides clarity and finality, it also imposes significant restrictions on the parties, especially the employee, which could be seen as limiting in terms of future claims and freedom of speech regarding the employment experience. Users should consider whether the security of a clean break and the potential limitations align with their personal or business goals.
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Articles about Deed of Release (Redundancy)
Should Employees Sign a Deed of Release?
Being an employer can be challenging. As employees come and go, it's good to know when a deed of release is useful. Read more about when to use one here.
What Is A Release Deed?
A deed of release is important as it ensures both parties are fully aware of the agreements and terms of a settlement. This article will cover everything you need to know about release deeds.
Redundancy: Lessons for Employers (2025 Update)
Manage redundancies legally and fairly to avoid costly mistakes. Includes a free calculator for redundancy payments, consultation checklists, and compliant templates.
Do Small Businesses Have to Pay Redundancy Pay?
Redundancy occurs when an employee's job is no longer required, however there are different legal requirements for small businesses. Find out more here.
When Is an Employer Exempt From Redundancy payments?
Are you required to pay redundancy to an employee being terminated? Or are you entitled to a redundancy payment? Make sure you know your redundancy rights.
How Does Voluntary Redundancy Work?
Voluntary redundancy occurs where an employer compensates an employee if they voluntarily terminate their own employment. Find out more here.
How Do Redundancy Payments Work?
Has your business recently made someone redundant? Or have you been made redundant? Find out the implications here.
A Comprehensive Guide to Employee Redundancy in Australia
Discover everything you need to know about employee redundancy in Australia with valuable insights for both employers and employees.
5 Questions to Ask a Redundancy Lawyer
According to the Australian Bureau of Statistics, over 4% of employees are made redundant each year. Let us guide you through this difficult process with our easy guide.
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