Redundancy Pay Total
Calculator

A common structure combines a statutory or contractual base amount per year of service, notice pay (or pay in lieu), and sometimes additional negotiated amounts, all summed into one total. The calculator adds each component you enter to reach the overall figure.

The terms are often used interchangeably, but in some jurisdictions 'redundancy pay' specifically refers to payments triggered by a role being eliminated (as opposed to being fired for cause), with its own statutory formula distinct from general severance. Check your jurisdiction's specific terminology.

In some jurisdictions, yes — statutory formulas can weight years of service differently based on the employee's age bracket at the time of each year worked, giving more weeks of pay for years worked at an older age. Check whether your jurisdiction's formula includes an age-based multiplier.

Often not — many jurisdictions provide a partial or full tax exemption for redundancy payments up to a certain threshold, taxing amounts above that threshold at standard rates. This is general information, not tax advice — confirm the treatment for your jurisdiction.

Most formulas use a reference pay rate — often the most recent salary or an average over a set period (like the last 12 weeks) — rather than every historical pay rate, so use the correct reference period rather than an overall average across the whole tenure.