UK Statutory Redundancy Pay Calculator from Pear Computing Systems Ltd

The Calculator will calculate the British statutory redundancy amount for employees based on their AGE IN YEARS AT DATE OF DISMISSAL, their COMPLETED YEARS OF SERVICE (whole years only, no fractions), and their WEEKLY PAY at the appropriate date. For details see below.

The calculator will work out the statutory amount payable, subject to the statutory limit on a week's pay for this purpose £464 where the date of dismissal is on or after 6th April 2014). You should not alter this limit unless you are certain that some other previous amount is definitely appropriate in your circumstances. For comparison purposes it will also display the unlimited calculation.

If you wish to enter a batch of employee details to print out, you can optionally enter an employee ID of up to 12 characters. As this is an online service we recommend that you do not input actual names on to the calculator.

To use the calculator, enter :

• Employee ID (optional)
• Age at Dismissal (Mandatory)
• Completed Years of Service at the appropriate date (Mandatory)
• Weekly Pay (Mandatory)

Then click the CALCULATE button.

The calculator will show the number of weeks' pay due, the statutory amount (limited where appropriate), and the unlimited amount. If you are planning redundancies involving an additional voluntary amount, you may also enter these in the appropriate box.

If you are processing a number of employees you can then click the "add employee details to list below" button and it will add the details to the table at the foot of the screen. This will also record a running total of statutory, unlimited and voluntary amounts.

When you have completed entry of all details, use the browser's PRINT button/menu option to print the page.

• (i) 1/2 week's pay for each year of service before 22nd birthday
• (ii) 1 week's pay for each year of service between 22nd and 41st birthday.
• (iii) 1 1/2 week's pay for each year of service after 41st birthday .
• (iv) Only 20 most recent years (maximum) to be taken into account.

TERMS AND CONDITIONS
The Statutory Redundancy Pay calculator is provided "as-is" as a calculation tool for statutory redundancy payments. It is provided for use without warranties and Pear Computing Systems Ltd. accept no liability for its use, or for losses arising from its use either directly or consequentially. It is the responsibility of any person or organisation involved in redundancy schemes to ensure the accuracy of their details and calculations.

Click HERE to return to the PEAR REDUNDANCY CALCULATOR

Pear Computing Systems Ltd 2015