Money · Redundancy package check
Redundancy Package Reality Check
Is this redundancy settlement fair? Check your statutory entitlement, notice obligations, and what the offer actually means before you sign.
What this means
No waffle. Just the number and how it was worked out.
Formula used
Statutory pay = sum of age-banded weekly multipliers (0.5 under 22, 1.0 age 22–40, 1.5 age 41+) × capped weekly pay (£643 in 2024/25), max 30 weeks. Notice shortfall adds any unpaid contractual notice.
Worked example
A 45-year-old with 8 years' service earning £700/week has a statutory entitlement of roughly £4,287. An offer of £3,500 is below that floor — worth querying before signing.
Common questions
Is statutory redundancy pay the minimum I can receive?
Yes — statutory redundancy pay is the legal floor. Your employer cannot legally pay less, though they may offer more. Many employers enhance their packages, particularly in larger organisations.
What about the statutory weekly pay cap?
The UK government caps weekly pay for statutory redundancy purposes — £643 in 2024/25. This means higher earners' statutory pay is calculated against the cap, not their actual salary. Enhanced packages often calculate against actual pay.
Plain-English summary
The result summary for this calculator will live here.
This section translates the result into a short, direct takeaway rather than leaving the page at a bare number.
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