EMPLOYMENT LEGISLATION

Ready Reckoner for calculating the number of weeks' pay due

Fill in your age and number of complete years' service. The calculator will then show how much statutory redundancy pay you are entitled to. To check on how this is calculated, see the table below. (The table starts at 20 because no-one below this age can qualify for a redundancy payment.) For the definition of a week's pay, see Redundancy Payments. 

If you are aged between 64 and 65, the amount due will be reduced by one-twelfth for every complete month you are over 64.

There is a limit on the amount of a week’s pay that can be taken into account in working out entitlement. The limit changes annually in line with the Retail Prices Index (up or down) as appropriate. The limit was raised from £280 to £290 on 1 February 2006. Calculation of entitlement where the reckonable period of service ended before 1 February 2006 should therefore be at the lower rate.

This page is intended only as a guide and shows 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.

To see how this figure has been calculated, please see table below

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Redundancy Payments Offices

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Last updated 20 January 2006