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Management Statement & Financial Memorandum (MSFM) (October 2019)
This Management Statement and Financial Memorandum (MSFM) has been drawn up by the Department for the Economy, sponsor Department, in consultation with the Labour Relations Agency. The document is based on a model prepared by the Department of Finance (‘DoF').
Public duties
Under certain circumstances employers must give employees who hold certain public positions reasonable time off to perform the duties associated with them.
Pay Day
Employers should indicate to their employees when and how they will receive their pay.
Leave without pay
There may be circumstances where an employee is required to take unpaid leave from their employment.
Labour Relations Agency Customer Charter
This publication explains the standards you can expect from us when you use any of our services.
We want to hear what you think of our Charter and our services. This document also tells you how to provide feedback to us.
The Living Wage
The real Living Wage is based on the cost of living and is voluntarily paid by employers.
Holidays and final pay
Employers must pay their employees for statutory holidays (contractual holidays may differ) that have been built up but not taken at the time they leave their employment.
Retirement
Older workers can choose when they retire and can take any occupational pension they’re entitled to. Usually the employer cannot force an employee to retire.
Final pay when employment ends
Final pay given to an employee can be different from their regular pay.
Young worker
Young workers are workers who are over school-leaving age and are under 18.