Thursday 4 June 2015

Calculate your redundancy pay

Calculate your redundancy pay

Use the redundancy pay calculator and planner to understand your redundancy rights, entitlements, plan your budget and take control of your situation. If you were made redundant before April 201 these amounts will be lower. Calculate your redundancy pay.


Calculate your redundancy pay

Redundancy pay (including any severance pay) . This tool will help you to work out how much you should be paid as statutory redundancy pay if you lose your job through redundancy. The second field on the calculator will allow you to enter the guidelines for weeks allowed by your employer. Note that redundancy pay under £30is tax-free . You will be entitled to statutory redundancy pay if your employer doesn't renew. Your redundancy lump sum is calculated according a certain formula based on your years of service in an employment.


Our current policy for redundancy payments is applied for both voluntary and compulsory redundancies. How much redundancy pay you get depends on your wage, how long you have worked at the company and your age. When your employer gives you your .

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