If your employer has told you your role is at risk of redundancy, one of the first questions is almost always: how much am I actually owed? In England, Scotland and Wales, most employees with at least two years of continuous service are entitled to statutory redundancy pay as a legal minimum — separate from any notice pay or holiday pay owed on top.
You generally qualify for statutory redundancy pay if you're an employee (not a contractor or agency worker) with at least 2 full years of continuous service with the same employer, and your role is being genuinely made redundant rather than you being dismissed for conduct or performance reasons.
The calculation uses three things: your age during each year of service, your weekly pay (capped by law), and your total length of service (capped at 20 years). For each full year worked, you get:
As of 6 April 2026, weekly pay is capped at £751 for this calculation, even if you actually earn more — and the maximum possible statutory redundancy payment is £22,530. These caps rise most years, so always check the current figures before relying on an old number.
Say you're 45, have worked for your employer for 10 years, and earn £600 a week. Because you were over 41 for all 10 years, you'd get 1.5 weeks' pay per year of service — 15 weeks' pay in total, at your actual weekly pay of £600 (since it's under the cap). That works out to £9,000. Try our redundancy pay calculator to run your own numbers.
Statutory redundancy pay is separate from your notice period pay, any unused holiday you're owed, and any enhanced (contractual) redundancy scheme your employer might offer on top of the legal minimum. If you think your redundancy isn't genuine, or you were selected unfairly, that's a different issue — see our guide on unfair dismissal vs redundancy.
ACAS offers free, impartial advice on redundancy rights, and gov.uk publishes the official calculator and current rates. If your situation is disputed or complicated, it's worth speaking to an employment solicitor before agreeing to anything in writing.