Thursday, 23 July 2009

Super! Smashing! Great! Look What You Could Have Won!


For those under threat of redundancy, the Times newspaper has produced a helpful calculator for statutory redundancy pay. Many people in managerial positions will have the protection of a higher level of redundancy pay, but this calculates the legal minimum to which an individual is entitled.

  • For an employee to be entitled to statutory redundancy pay, what's the minimum service requirement?
  • How many week's pay per year of service does a person who is under 22 receive?
  • Above what age does the entitlement reach its maximum level?
  • If an employee on £65,000 per year was only entitled to statutory redundancy pay, what's the maximum amount per week that they would receive?

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