Redundancy

 

		Age at redundancy	Can only be used for ages 16 - 65
		Years service	There is no entitlement if you have been employed for less than 2 years and it is capped at most recent 20 years service
£		Gross weekly pay	Max of £310 p/week allowed from 01.02.07
		Click here to calculate your Basic Award
£		Basic Award
£		Net weekly pay
		Weeks without pay	Estimate how long it will take you to resume employment.
		Click here to calculate your Compensatory Award
£		Compensatory Award	Currently limited to £60,600 compensation
		Click here to include your Loss of Employment Rights
£		Loss of Employment Rights	Tribunals usually award £250
		Click here to find out how much you may be awarded
£		Redundancy Compensation	Claims are currently limited to a maximum of £69,900 (known as the statutory ceiling or award) and must normally be brought within 3 months of the date of termination, unless you have raised a grievance in which case this is extended to 6 months