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Redundancy payments

New and updated

  • Type:
    Employment law guide

    Redundancy: enhanced redundancy pay

    The cap on the amount of a week's pay for statutory redundancy pay calculation purposes increased on 6 April 2026. Employers that use this figure in their enhanced redundancy pay calculation should ensure that their systems reflect the increase.

  • Type:
    Quick reference

    Statutory redundancy payments ready reckoner

    The statutory limit for calculating redundancy entitlements has increased with effect from 6 April 2026. HR departments must ensure that all redundancy payment calculations, associated documents and internal policies are updated to comply with the new rate.

  • Type:
    Quick reference

    Enhanced redundancy payments

    The statutory limit for calculating redundancy payments has increased with effect from 6 April 2026. HR teams should review and update all enhanced redundancy calculations and documents to reflect the new rate.

  • Type:
    Employment law guide

    Redundancy: statutory redundancy pay

    Updated to reflect that the maximum amount of a week's pay for a statutory redundancy payment increased with effect from 6 April 2026. HR professionals should ensure that calculations for statutory redundancy payments are made on the basis of this new maximum amount for redundancy dismissals on or after 6 April 2026.  

  • Type:
    Legal timetable

    Statutory redundancy pay and employment tribunal award limits increase

    Limits applying to various tribunal awards and other amounts payable under employment legislation increase on 6 April 2026, including the maximum amount of a week's pay for redundancy payments. HR teams should review the potential cost exposure of redundancies and disputes.

  • Type:
    Calculators

    Statutory redundancy pay calculator

    Enhanced to reflect that the redundancy pay calculator has been updated with the predicted cap on a week’s pay effective from 6 April 2026. 

  • Type:
    Legal timetable

    Statutory redundancy pay and employment tribunal award limits increase

    The rates of statutory redundancy pay and employment tribunal award limits increase.

  • Type:
    FAQs

    How is statutory redundancy pay calculated?

    Updated to include links to the redundancy pay calculator and practical examples of calculating a statutory redundancy payment.

  • Date:
    26 March 2024
    Type:
    Commentary and insights

    April 2024 employment law changes: Eight-point checklist for HR

    With a raft of employment law changes taking effect in April 2024, we provide a final reminder for HR professionals of what their organisation needs to do to comply with the new and amended employment laws. This April, the challenges for HR include: the introduction of carer's leave; reforms to the right to request flexible working; and updated rules on timing and notice to take paternity leave.

  • Type:
    Legal timetable

    Employment tribunal award limits increase

    Updated to reflect the increase in employment tribunal award limits, effective from 6 April 2024.

About this topic

HR and legal information and guidance relating to redundancy payments.

Redundancy pay calculator

  • Is your organisation planning redundancies? Use the redundancy pay calculator to work out your statutory redundancy payment liabilities.

Redundancy payments: key resources