Losing your job
What are you actually owed?
Statutory redundancy pay based on your age, service, and weekly pay.
Statutory redundancy pay calculator
Based on your age, length of service, and weekly pay — 2026/27 rates
Eligible?
✓ Yes
Statutory weeks owed
10.5
across your age bands
Estimated statutory pay
£6,300
Uses the statutory weekly pay cap of £751 (from 6 April 2026) and a 20-year service cap. This covers the legal minimum only — many employers offer enhanced redundancy pay above this, which your employer would confirm separately. The first £30,000 of combined statutory and enhanced redundancy pay is tax-free.
Statutory redundancy pay depends on three things: your age during each year of service, how many full years you've worked (capped at 20), and your weekly pay (capped at £751, even if you earn more). You get half a week's pay for each year worked under 22, a full week for each year aged 22–40, and one and a half weeks for each year aged 41 or older — which is why older, longer-serving employees get notably more. You need at least 2 years of continuous service to qualify at all, and the first £30,000 of redundancy pay is tax-free.
Frequently asked questions
How is statutory redundancy pay calculated?
It's based on your age during each year of service (half a week's pay under 22, one week for 22–40, one and a half weeks for 41+), capped at 20 years of service and a weekly pay cap of £751.
How many years of service do you need for redundancy pay?
At least 2 years of continuous service.