Calculate UK statutory redundancy pay based on age, weekly pay (capped at £643/week for 2024/25), and complete years of service. Applies Employment Rights Act 1996 age-banded multipliers: 0.5 (under 22), 1.0 (22–40), 1.5 (41+).
⚖ For informational purposes only. Not legal advice. Consult a licensed attorney for your specific situation.
The UK Statutory Redundancy Pay Calculator (Age Bands) works by applying a well-defined formula to the values you enter. Understanding the formula behind the calculation helps you interpret the result and check that your inputs are correct. Below we break down the key components that drive the UK Redundancy Pay.
This calculator evaluates the inputs you provide using a standard, well-established formula for its category. Enter your values, choose the relevant settings, and press Calculate to obtain an accurate, reproducible result that you can verify against reference values or published standards.