How is redundancy calculated

You have the right to statutory redundancy pay if you're an employee and have continuously worked for your employer for 2 years or more.

If you're not sure if you're legally classed as an employee, it's a good idea to talk to your employer and check your employment status.

You will not qualify for statutory redundancy pay if you work in the following types of work:

• armed forces
• crown servants
• domestic service, where you're a member of your employer's immediate family
• police

Working out redundancy pay

How much redundancy pay you get depends on:

• your age
• how long you've worked for your employer

You might get more than the minimum amount the law says you should get ('statutory'), if it's in your contract.

Up to £30,000 of redundancy pay is tax free.

You may not be eligible for statutory redundancy pay if your employer offers you a suitable alternative job and you turn it down.

Redundancy pay is based on:

• your weekly pay before tax (gross pay)
• the years you've worked for your employer ('continuous employment')
• your age

Weekly pay should also include:

• 'guarant
  how much redundancy would i get for 10 years
  how much redundancy will i get after 25 years