Employment Law FAQ
Redundancy Pay
How much redundancy pay would an employee be due?
A maximum of £12,000, calculated as shown in the table
below.
Please note that one week's pay is currently capped at a maximum
of £400 per week. This figure was last updated in February 2011
A maximum of 20 years' service is taken into account when
calculating a redundancy payment.
| In respect of service at ages: |
Number of weeks' pay for each completed year
at that age |
| under 21 |
0.5 |
| 22 - 40 |
1 |
| 41 + |
1.5 |