Redundancy Reckoner

An employee is usually entitled to statutory redundancy pay after completing 2 or more years of service with their employer.

From 6 April 2025, the statutory maximum amount for a week’s pay is £719 per week. Total redundancy pay is capped £21,570 and length of service is capped at 20 years.

For example, an employee with a weekly salary of £200 aged 22 with 4 years of service will be entitled to two weeks salary – a total redundancy of £400.

Statutory redundancy pay table

To calculate the number of weeks redundancy pay, cross reference the employee’s age and years of service and then multiply that number by the weekly salary (maximum weekly salary is £700).

• The table starts at age 17, as it is possible for a 17 year old to have 2 years service. Compulsory school leaving age can be 15 ¾ or 15 4/5 where a child is 16 before 1 September.
• The table stops at age 61 because for employees age 61 and over, the payment remains the same as for age 61.