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Redundancy Payments - Calculator


Redundancy Calculation

The redundancy payment due to each employee under the statutory redundancy payment scheme depends on his or her age and length of service (subject to a statutory limit on weekly pay).

To calculate the number of weeks pay due, you should use the following amounts:–

  • 0.5 week`s pay for each full year of service where age during year less than 22
  • 1 week`s pay for each full year of service where age during year is 22 or above, but less than 41
  • 1.5 weeks` pay for each full year of service where age during year is 41+

Click here to go to the Department for Business Innovation and Skills redundancy calculator.

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