"Independent Redundancy Help" - Established since 2000 | |
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Redundancy Pay - A Week's PayA week's pay is the pay to which an employee is entitled to under his or her contract at the calculation date. The calculation date is the date on which the employer gives the employee the minimum notice to which he or she is legally entitled. Notice is usually one week for one year of service, up to a maximum of twelve weeks. If more notice is given, then the calculation date is taken as the date it would have been had the the minimum notice been given. If not enough, or none at all was given, the calculation date becomes the date on which the job ended. For 'normal' regular work, a week's pay is the basic weekly salary.
For employees with variable working weeks and salaries the arithmetic
becomes a little more complicated and involves looking at the twelve
week period prior to the calculation date. There is a maximum statutory limit (revised as at 1st October 2009
to £380.00.).
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