Statutory Redundancy Pay calculation table
You can use the Statutory Redundancy Pay table to work out the number of weeks’ pay you could be entitled to receive.
To use the table, look up your age and the number of complete years’ service you have with the company. Where the two cross on the table, that is the numberof week’s pay you would receive.
The weekly amount of pay you can claim is currently capped at £430. You cannot claim more than that amount.
For example, if you are 37, have been with your employer for 9 years and are paid £450 a week, you could be entitled to £3,870 redundancy pay.This is 9 (weeks’ pay) x £430 (the maximum weeks pay for the calculation).
Alternatively, you can use the calculator available on Directgov