What this tool does

This calculator gives you a quick estimate of the statutory redundancy pay you could be owed if your employer makes your role redundant. You put in a few basic details about your age, how long you have worked for your employer, and your weekly wage, and it applies the official UK formula for you.

It is an estimate rather than a formal offer, but it should give you a realistic figure to work from when you are checking what your employer has proposed.

Who it is for

It is aimed at employees in the UK who have been with the same employer for at least two years, which is the minimum service needed to qualify for statutory redundancy pay. You might be using it because you have just been told your job is at risk, because you are in a consultation period, or because you want to sense check the figure on a settlement letter before signing anything.

It is also useful if you are thinking further ahead, for example if your workplace is going through changes and you want to understand what a redundancy payout might look like. If you are self-employed, a contractor, or have less than two years of continuous service, statutory redundancy pay will not normally apply to you.

How it works

You answer a short set of questions: your age, your start and end dates with the employer, and your gross weekly pay before tax. The tool then works through the age bands used in the statutory formula, half a week's pay for each full year worked under 22, one week's pay for years between 22 and 40, and one and a half weeks' pay for years from 41 onwards. It also applies the current weekly pay cap and the 20 year service limit set by the government.

You get a plain English summary of the estimate on screen. Your answers are not saved and nothing is shared with your employer or anyone else.