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Calculate your statutory redundancy. It’s based on age, weekly pay and number of years in the job.
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:
The figure will be accurate from 6th April 2025.
Based on the details you have provided, you are entitled to 0 weeks of statutory redundancy pay at a rate of £0.
Total statutory redundancy payment:
* Only full years of service are taken into account when calculating statutory redundancy entitlement (up to a maximum of 20 years).
** £719 is the current maximum weekly pay (before tax) when calculating statutory redundancy entitlement.
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:–
Redundancy pay might seem simple, but it can get complicated. One important legal question is whether the termination qualifies as a ‘genuine redundancy’. This means that the employer must meet all obligations to consult about the redundancy, as specified in an enterprise agreement or award. The decision to make the employee redundant should not be based on the employee’s competence, misconduct, or personal acts. Clarkslegal lawyers are experts in advising both employers and employees on identifying genuine redundancies, making necessary payments, and determining employee entitlements following termination.
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