Calculate Statutory Redundancy Pay
Statutory Redundancy Pay Calculator
This calculator is intended only as a guide to show how statutory redundancy pay is calculated for people who are entitled to receive it.
Whether or not you are entitled to redundancy pay will depend on your individual circumstances. Further notes about your entitlement and how it is calculated are detailed to the right.
Please click the button below to calculate your redundancy pay (GOV website).
Your Entitlement
Your entitlement is based on:
- length of continuous employment
- your age
- your weekly pay, up to a certain limit (maximum £700 from 6 April 2024)
What Do You Receive?
- 0.5 weeks’ pay for each full year of service where you were under 22
- 1 weeks’ pay for each full year of service where you were 22 or above, but under 41
- 1.5 weeks’ pay for each full year of service where you were 41 or above
What the Eligibility?
- you must have completed a minimum of 2 years employment for your employer
- you must be at least 17 years of age when made redundant
Only full years of service are taken into account when calculating statutory redundancy entitlement, up to a maximum of 20 years.
How to get in touch
Please contact us using the button below.
Contact Darren Tibble, Head of Employment.
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