Redundancy Pay Calculator
With BlazeHR, you can quickly and easily work out statutory redundancy pay.
(£0 in Northern Ireland)
How to calculate redundancy pay ?
Redundancy pay is based on three factors: an employee’s age, weekly pay, and length of service. To qualify, the employee must have worked for you continuously for at least 2 years.
The amount they receive is:
Half a week’s pay for each full year of service while under 22
One week’s pay for each full year of service aged 22 to 40
One and a half weeks’ pay for each full year of service aged 41 and above
What is statutory redundancy pay?
If you lose your job in the UK, you can get financial support through statutory redundancy pay. To be eligible, you must have worked continuously for at least two years.
You can use a calculator to estimate your entitlement, and payments are determined by your age, weekly pay, and length of service. Depending on business policy or your contract, employers may also decide to pay more than the minimum amount required by law.
Who qualifies for redundancy pay?
Employees in the UK who have worked consistently for the same company for at least two years are eligible for statutory redundancy pay. Age, weekly salary, and length of service all affect the payment amount. Although some roles, such as the police or military, may have different regulations, it is easier to check how much you could receive with a redundancy calculator. It’s best to go over your contract and use a calculator to get clarity if you’re unclear about your eligibility.
What is the maximum redundancy pay?
There are caps on statutory redundancy pay. Only 20 years of service can be credited, and weekly pay is capped at £643 (£669 in Northern Ireland). Accordingly, you are eligible to receive a maximum redundancy payment of £19,290 (or £20,070 in Northern Ireland). The calculation excludes any earnings or years of service that exceed these thresholds.
UK Redundancy Calculator Table
This table gives a simple overview of how statutory redundancy pay is worked out, based on age, years of service, and weekly pay. For a more accurate and personalised result, you can use our UK redundancy calculator.
| Age Range | Years of Service | Weekly Pay (max) | Redundancy Pay Entitlement |
|---|---|---|---|
| Under 22 | Full years worked | £643 | 0.5 week’s pay for each year of service |
| 22–40 | Full years worked | £643 | 1 week’s pay for each year of service |
| 41 and over | Full years worked | £643 | 1.5 weeks’ pay for each year of service |
