Length of service is capped at 20 years. Your weekly pay is the average you earned per week over the 12 weeks before the day you got your redundancy notice. Calculate your redundancy pay.
Is there a time limit on paying redundancy?
Home > Employment Law FAQs > What is the time limit for making a redundancy payment claim? The time limit is 6 months in the case of a statutory redundancy payment from the date of termination of employment, and 6 years for a contractual redundancy claim.
How does redundancy pay work in the UK?
A redundant employee also has the right to a written statement setting out the amount of redundancy payment and how you worked it out. These are based on an employee’s age and length of employment and are counted back from the date of dismissal. 1.5 weeks’ pay for each full year of employment after their 41st birthday
How is redundancy pay calculated during maternity leave?
There is a maximum weekly wage limit of £508 per week. If you are on maternity leave, your statutory redundancy pay should be calculated using your normal week’s pay or average week’s pay received before your maternity leave period started. It should not be based on your SMP or contractual maternity pay. I have received some of my SMP.
What can I do with the £30, 000 redundancy exemption?
Whatever is left over of the £30,000 exemption is available to set against any ‘extra’ amount of redundancy payment that you might receive from your employer.
Where can I find out about my rights if I am made redundant?
Visit the TUC website, WorkSmart, for general information on your employment rights. If you feel you were selected unfairly you can appeal. Unfair dismissal claims could go to an Employment Tribunal. How much notice will my employer give me in a redundancy? Your employer should give you notice if you are to be made redundant.
