Redundancy payments calculator
Please use the Landau Law redundancy calculator to calculate your statutory redundancy entitlement. The “calculation type” field allows you to ascertain what your entitlement is where your employer has a more generous redundancy payments policy- typically 2-4 weeks for every year of service.
How is the statutory redundancy calculation worked out?
-Pay is capped at £475 per week. Length of service is capped at 20 years.
-The maximum amount of statutory redundancy pay in 2015 is £14,250.
-You do not qualify for a redundancy payment if you have been employed for less than 2 years.
• 0.5 week’s pay for each full year worked when you’re under 22
• 1 week’s pay for each full year worked when you’re between 22 and 41
• 1.5 week’s pay for each full year worked when you’re 41 or older