Statutory redundancy pay
The calculation for your statutory redundancy pay is based on:
l How long you have been continuously employed
l Your age
l Your weekly pay, up to a certain limit (£380 current maximum)
You will get:
l Half a week's pay for each full year of service where your age was under 22
l One week's pay for each full year of service where your age was 22 or above, but under 41
l One and a half week's pay for each full year of service where your age was 41 or above
For example:
If you are 45, your weekly
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