|This calculator will return an approximation of your redundancy entitlement.|
Your final entitlement figure must be confirmed with the company.
Only complete whole years are counted.
(No information is saved or passed to a third party.)
Statutory redundancy element.0.5 week per year worked aged under 22.
1 week per year worked aged 22 - 41.
1.5 weeks per year worked aged over 41.
Length of service is capped at 20 years.
Weekly pay is capped at £479.00
Maximum statutory redundancy pay
is capped at 30 weeks
or £14,370.00 which ever is the lower.
Service element.1 month - 4 years 8 weeks pay.
5 years - 9 years 10 weeks pay.
10 years 12 weeks pay.
11 years 14 weeks pay.
12 years & over addition 2 weeks
per year, up to 24 years.
25+ years capped at 52 weeks.
Monies in excess of £30,000.00 are liable for tax.
Results will be shown below if your dates & (£)amount are valid data.