Voluntary Redundancy Calculator
How much is voluntary redundancy pay?
Voluntary redundancy pay is the same as redundancy pay if it is the minimum, but employers may offer a little extra for voluntary redundancies. Your statutory redundancy payment is calculated based on your age, length of service and gross weekly pay.
Do you have a claim?
If you have been made redundant or have experienced any other issues with your employment you might have a case.
If we think that your claim has prospects of success and you have no other funding arrangements available to you we may be able to help you on a no-win, no-fee basis.
Who Is entitled to statutory redunancy payment?
If you have been employed for over two years, you will be entitled to a statutory redundancy payment.You should always check your contract of employment, which may contain a clause saying you are entitled to more than the statutory minimum. If you have volunteered for redundancy (or even if you haven’t), your employer may offer you extra as an incentive to leave or to prevent you from attempting to bring a claim against them.
Your employer must give you your notice when making you redundant, and any pay for holiday that you have accrued but have not taken.
Remember to check your contract of employment – you may be entitled to more redundancy pay than the statutory minimum, or redundancy pay before you have two years’ service
For more information about redundancy click here.