FairBuyout.comEmployment
Redundancy Pay Calculator
If your role is being made redundant in the UK, the law sets a minimum payout based on your age, weekly pay, and years of service. This calculator applies the official statutory formula so you know the floor before you negotiate.
Tell us about it
in $ USD$500.00
$
35
5
$719.00
$
1
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Estimated Buyout
$2,500.00
In plain English
At age 35 with 5 qualifying years of service and capped weekly pay of $500.00, the estimated redundancy pay is $2,500.00.
How we got there+
| Capped weekly pay | $500.00 |
| Qualifying years | 5 |
| Statutory redundancy pay | $2,500.00 |
| Total redundancy pay | $2,500.00 |
Estimates only, not legal or financial advice. Double-check figures with a qualified professional.
How we got there
— Redundancy Pay CalculatorMethodology reviewed: August 17, 2026 · Source: GOV.UK — Calculate your redundancy pay
Frequently asked questions
Q.How is UK statutory redundancy pay calculated?▾
By multiplying capped weekly pay by an age-based rate for each full year of service (up to 20 years): half a week's pay under age 22, one week's pay from 22 to 40, and one and a half week's pay from 41 up.
Q.What is the statutory weekly pay cap?▾
The government sets a maximum weekly pay figure each April that the formula uses, even if you actually earn more. Check GOV.UK for the current cap before relying on this estimate.
Q.Why does the calculator only count 20 years of service?▾
UK law caps statutory redundancy pay at 20 qualifying years, even if you worked there longer. Only the most recent 20 years count.
Q.Am I entitled to statutory redundancy pay?▾
In the UK, you generally qualify after two full years of continuous service with your employer when your role is made redundant.
Q.Does this replace my employer's own redundancy calculation?▾
No. It estimates the legal minimum using the standard government formula. Your employer or HR can confirm your exact entitlement, especially if your age changed a band partway through your service.