Redundancy Reckoner

From 1st April 2018, the statutory maximum amount for a week’s pay is £508 per week.

To calculate the number of weeks redundancy pay, cross reference the person’s age and years of service and then multiply that number by the weekly salary (maximum weekly salary is £508). e.g. a person with a weekly salary of £200 aged 22 with 4 years of service will be entitled to two weeks salary e/g/ a total redundancy of £400.

17* – 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.

Particular care should be taken when calculating an individual’s redundancy pay when they joined as an employee below the age of 16. 61 * – The table stops at age 61 because for employees age 61 and over, the payment remains the same as for age 61.

Statutory redundancy pay table

Years of Service
Age234567891011121314151617181920
171
1811.5
1911.52
2011.522.5
2111.522.53
2211.522.533.5
231.522.533.544.5
2422.533.544.555.5
25233.544.555.566.5
262344.555.566.577.5
2723455.566.577.588.5
28234566.577.588.599.5
292345677.588.599.51010.5
3023456788.599.51010.51111.5
31234567899.51010.51111.51212.5
32234567891010.51111.51212.51313.5
3323456789101111.51212.51313.51414.5
342345678910111212.51313.51414.51515.5
35234567891011121313.51414.51515.51616.5
3623456789101112131414.51515.51616.517
372345678910111213141515.51616.51717.5
38234567891011121314151616.51717.518
3923456789101112131415161717.51818.5
402345678910111213141516171818.519
41234567891011121314151617181919.5
422.53.54.55.56.57.58.59.510.511.512.513.514.515.516.517.518.519.520.5
433456789101112131415161718192021
4434.55.56.57.58.59.510.511.512.513.514.515.516.517.518.519.520.521.5
4534.5678910111213141516171819202122
4634.567.58.59.510.511.512.513.514.515.516.517.518.519.520.521.522.5
4734.567.591011121314151617181920212223
4834.567.5910.511.512.513.514.515.516.517.518.519.520.521.522.523.5
4934.567.5910.512131415161718192021222324
5034.567.5910.51213.514.515.516.517.518.519.520.521.522.523.524.5
5134.567.5910.51213.51516171819202122232425
5234.567.5910.51213.51516.517.518.519.520.521.522.523.524.525.5
5334.567.5910.51213.51516.5181920212223242526
5434.567.5910.51213.51516.51819.520.521.522.523.524.525.526.5
5534.567.5910.51213.51516.51819.521222324252627
5634.567.5910.51213.51516.51819.52122.523.524.525.526.527.5
5734.567.5910.51213.51516.51819.52122.52425262728
5834.567.5910.51213.51516.51819.52122.52425.526.527.528.5
5934.567.5910.51213.51516.51819.52122.52425.5272829
6034.567.5910.51213.51516.51819.52122.52425.52728.529.5
61+34.567.5910.51213.51516.51819.52122.52425.52728.530