Redundancy Pay Calculation

Key Points

  • Redundancy pay formula is the same as the unfair dismissal basic award.
  • The years’ service and weeks’ pay are capped by statute.
  • A useful ready reckoner is found on the UK.Gov site.
  • Contractual enhancements must mirror statutory calculations.
Current: 
1

The full content of this page is available to subscribers only. Please purchase a subscription if you feel this content will be of use to you.

Current:

Login or subscribe (includes subscription information) to access the full content of this page.