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Statutory redundancy payment calculator 2021

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Statutory redundancy payment calculator 2021

  1. 1. © IBB Law LLP – 6 April 2021 (Employment Department) 03456 381381 enquiries@ibblaw.co.uk www.ibblaw.co.uk 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Age 18 544.00 816.00 1088.00 19 544.00 816.00 1088.00 1360.00 20 544.00 816.00 1088.00 1360.00 1632.00 21 544.00 816.00 1088.00 1360.00 1632.00 1904.00 22 544.00 816.00 1088.00 1360.00 1632.00 1904.00 2176.00 23 816.00 1088.00 1360.00 1632.00 1904.00 2176.00 2448.00 2720.00 24 1088.00 1360.00 1632.00 1904.00 2176.00 2448.00 2720.00 2992.00 3264.00 25 1088.00 1632.00 1904.00 2176.00 2448.00 2720.00 2992.00 3264.00 3536.00 3808.00 26 1088.00 1632.00 2176.00 2448.00 2720.00 2992.00 3264.00 3536.00 3808.00 4080.00 4352.00 27 1088.00 1632.00 2176.00 2720.00 2992.00 3264.00 3536.00 3808.00 4080.00 4352.00 4624.00 4896.00 28 1088.00 1632.00 2176.00 2720.00 3264.00 3536.00 3808.00 4080.00 4352.00 4624.00 4896.00 5168.00 5440.00 29 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4080.00 4352.00 4624.00 4896.00 5168.00 5440.00 5712.00 5984.00 30 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4624.00 4896.00 5168.00 5440.00 5712.00 5984.00 6256.00 6528.00 31 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5168.00 5440.00 5712.00 5984.00 6256.00 6528.00 6800.00 7072.00 32 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5440.00 5712.00 5984.00 6256.00 6528.00 6800.00 7072.00 7344.00 7616.00 33 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5440.00 5984.00 6256.00 6528.00 6800.00 7072.00 7344.00 7616.00 7888.00 8160.00 34 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5440.00 5984.00 6528.00 6800.00 7072.00 7344.00 7616.00 7888.00 8160.00 8432.00 8704.00 35 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5440.00 5984.00 6528.00 7072.00 7344.00 7616.00 7888.00 8160.00 8432.00 8704.00 8976.00 36 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5440.00 5984.00 6528.00 7072.00 7616.00 7888.00 8160.00 8432.00 8704.00 8976.00 9248.00 37 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5440.00 5984.00 6528.00 7072.00 7616.00 8160.00 8432.00 8704.00 8976.00 9248.00 9520.00 38 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5440.00 5984.00 6528.00 7072.00 7616.00 8160.00 8704.00 8976.00 9248.00 9520.00 9792.00 39 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5440.00 5984.00 6528.00 7072.00 7616.00 8160.00 8704.00 9248.00 9520.00 9792.00 10064.00 40 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5440.00 5984.00 6528.00 7072.00 7616.00 8160.00 8704.00 9248.00 9792.00 10064.00 10336.00 41 1088.00 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5440.00 5984.00 6528.00 7072.00 7616.00 8160.00 8704.00 9248.00 9792.00 10336.00 10608.00 42 1360.00 1904.00 2448.00 2992.00 3536.00 4080.00 4624.00 5168.00 5712.00 6256.00 6800.00 7344.00 7888.00 8432.00 8976.00 9520.00 10064.00 10608.00 11152.00 43 1632.00 2176.00 2720.00 3264.00 3808.00 4352.00 4896.00 5440.00 5984.00 6528.00 7072.00 7616.00 8160.00 8704.00 9248.00 9792.00 10336.00 10880.00 11424.00 44 1632.00 2448.00 2992.00 3536.00 4080.00 4624.00 5168.00 5712.00 6256.00 6800.00 7344.00 7888.00 8432.00 8976.00 9520.00 10064.00 10608.00 11152.00 11696.00 45 1632.00 2448.00 3264.00 3808.00 4352.00 4896.00 5440.00 5984.00 6528.00 7072.00 7616.00 8160.00 8704.00 9248.00 9792.00 10336.00 10880.00 11424.00 11968.00 46 1632.00 2448.00 3264.00 4080.00 4624.00 5168.00 5712.00 6256.00 6800.00 7344.00 7888.00 8432.00 8976.00 9520.00 10064.00 10608.00 11152.00 11696.00 12240.00 47 1632.00 2448.00 3264.00 4080.00 4896.00 5440.00 5984.00 6528.00 7072.00 7616.00 8160.00 8704.00 9248.00 9792.00 10336.00 10880.00 11424.00 11968.00 12512.00 48 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6256.00 6800.00 7344.00 7888.00 8432.00 8976.00 9520.00 10064.00 10608.00 11152.00 11696.00 12240.00 12784.00 49 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7072.00 7616.00 8160.00 8704.00 9248.00 9792.00 10336.00 10880.00 11424.00 11968.00 12512.00 13056.00 50 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 7888.00 8432.00 8976.00 9520.00 10064.00 10608.00 11152.00 11696.00 12240.00 12784.00 13328.00 51 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 8160.00 8704.00 9248.00 9792.00 10336.00 10880.00 11424.00 11968.00 12512.00 13056.00 13600.00 52 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 8160.00 8976.00 9520.00 10064.00 10608.00 11152.00 11696.00 12240.00 12784.00 13328.00 13872.00 53 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 8160.00 8976.00 9792.00 10336.00 10880.00 11424.00 11968.00 12512.00 13056.00 13600.00 14144.00 54 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 8160.00 8976.00 9792.00 10608.00 11152.00 11696.00 12240.00 12784.00 13328.00 13872.00 14416.00 55 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 8160.00 8976.00 9792.00 10608.00 11424.00 11968.00 12512.00 13056.00 13600.00 14144.00 14688.00 56 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 8160.00 8976.00 9792.00 10608.00 11424.00 12240.00 12784.00 13328.00 13872.00 14416.00 14960.00 57 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 8160.00 8976.00 9792.00 10608.00 11424.00 12240.00 13056.00 13600.00 14144.00 14688.00 15232.00 58 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 8160.00 8976.00 9792.00 10608.00 11424.00 12240.00 13056.00 13872.00 14416.00 14960.00 15504.00 59 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 8160.00 8976.00 9792.00 10608.00 11424.00 12240.00 13056.00 13872.00 14688.00 15232.00 15776.00 60 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 8160.00 8976.00 9792.00 10608.00 11424.00 12240.00 13056.00 13872.00 14688.00 15504.00 16048.00 61[1] 1632.00 2448.00 3264.00 4080.00 4896.00 5712.00 6528.00 7344.00 8160.00 8976.00 9792.00 10608.00 11424.00 12240.00 13056.00 13872.00 14688.00 15504.00 16320.00 [1] The same figures should be used when calculating the redundancy payment for a person aged 61 and above Service (Years) *All figures capped at the statutory weekly rate* **For employees earning less than the statutory weekly rate, please see Statutory Redundancy Payment Calculator – Weekly Multiplier** STATUTORY REDUNDANCY PAYMENT CALCULATOR (6 April 2021 to 5 April 2022)

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