DOC

Ready reckoner - Statutory redundancy pay and basic award

By Cindy Harper,2014-06-15 22:08
13 views 0
Ready reckoner - Statutory redundancy pay and basic award

Ready reckoner - Statutory redundancy pay and basic award (Last updated 2 December 2009)

    To calculate the statutory redundancy payment due to an employee, use the table to find the multiplier based on the employee’s age and number of complete years of service and then multiply that number by the employee’s gross weekly salary, subject to the current maximum. The maximum week's pay that an employee is entitled to under the statutory scheme is ?380. If you were made redundant on or before 30 September 2009 you will be entitled to the previous maximum amount of ?350.

    For example, a person with a salary of ?200 aged 22 with 4 years of service will be entitled to a total redundancy of ?400 (multiplier of 2 x ?200 = ?400).

    For an automatic calculator, see the BERR redundancy ready reckoner http://www.berr.gov.uk/whatwedo/employment/employment-legislation/employment-guidance/page33157.html

    Statutory redundancy pay table

    Service (Years)

    Age 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 17* 1 18 1 1? 19 1 1? 2 20 1 1? 2 2? - 21 1 1? 2 2? 3 - 22 1 1? 2 2? 3 3? - 23 1? 2 2? 3 3? 4 4? - 24 2 2? 3 3? 4 4? 5 5? - 25 2 3 3? 4 4? 5 5? 6 6? - 26 2 3 4 4? 5 5? 6 6? 7 7? - 27 2 3 4 5 5? 6 6? 7 7? 8 8? - 28 2 3 4 5 6 6? 7 7? 8 8? 9 9? -

    29 2 3 4 5 6 7 7? 8 8? 9 9? 10 10? - 30 2 3 4 5 6 7 8 8? 9 9? 10 10? 11 11? - 31 2 3 4 5 6 7 8 9 9? 10 10? 11 11? 12 12? - 32 2 3 4 5 6 7 8 9 10 10? 11 11? 12 12? 13 13? - 33 2 3 4 5 6 7 8 9 10 11 11? 12 12? 13 13? 14 14? - 34 2 3 4 5 6 7 8 9 10 11 12 12? 13 13? 14 14? 15 15? - 35 2 3 4 5 6 7 8 9 10 11 12 13 13? 14 14? 15 15? 16 16? 36 2 3 4 5 6 7 8 9 10 11 12 13 14 14? 15 15? 16 16? 17 37 2 3 4 5 6 7 8 9 10 11 12 13 14 15 15? 16 16? 17 17? 38 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 16? 17 17? 18 39 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 17? 18 18? 40 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 18? 19 41 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 19? 42 2? 3? 4? 5? 6? 7? 8? 9? 10? 11? 12? 13? 14? 15? 16? 17? 18? 19? 20? 43 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 44 3 4? 5? 6? 7? 8? 9? 10? 11? 12? 13? 14? 15? 16? 17? 18? 19? 20? 21? 45 3 4? 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 46 3 4? 6 7? 8? 9? 10? 11? 12? 13? 14? 15? 16? 17? 18? 19? 20? 21? 22? 47 3 4? 6 7? 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 48 3 4? 6 7? 9 10? 11? 12? 13? 14? 15? 16? 17? 18? 19? 20? 21? 22? 23? 49 3 4? 6 7? 9 10? 12 13 14 15 16 17 18 19 20 21 22 23 24 50 3 4? 6 7? 9 10? 12 13? 14? 15? 16? 17? 18? 19? 20? 21? 22? 23? 24? 51 3 4? 6 7? 9 10? 12 13? 15 16 17 18 19 20 21 22 23 24 25 52 3 4? 6 7? 9 10? 12 13? 15 16? 17? 18? 19? 20? 21? 22? 23? 24? 25? 53 3 4? 6 7? 9 10? 12 13? 15 16? 18 19 20 21 22 23 24 25 26 54 3 4? 6 7? 9 10? 12 13? 15 16? 18 19? 20? 21? 22? 23? 24? 25? 26? 55 3 4? 6 7? 9 10? 12 13? 15 16? 18 19? 21 22 23 24 25 26 27 56 3 4? 6 7? 9 10? 12 13? 15 16? 18 19? 21 22? 23? 24? 25? 26? 27? 57 3 4? 6 7? 9 10? 12 13? 15 16? 18 19? 21 22? 24 25 26 27 28 58 3 4? 6 7? 9 10? 12 13? 15 16? 18 19? 21 22? 24 25? 26? 27? 28? 59 3 4? 6 7? 9 10? 12 13? 15 16? 18 19? 21 22? 24 25? 27 28 29

60 3 4? 6 7? 9 10? 12 13? 15 16? 18 19? 21 22? 24 25? 27 28? 29?

61+ 3 4? 6 7? 9 10? 12 13? 15 16? 18 19? 21 22? 24 25? 27 28? 30

Report this document

For any questions or suggestions please email
cust-service@docsford.com