Redundancy Calculation - which salary? 31 March 2022 at 9:02AM in Redundancy & redundancy planning 1 reply 262 views

lozzamarches

I received my Notice of redundancy letter yesterday (30 March 2022) with severance pay (redundancy and a pro-rated bonus figure for this year up to 30 June 2022 - my last working day) calculated on my salary as at yesterdays date. My salary increases as of tomorrow - 1 April 2022. Should my redundancy pay be calculated on my salary as at the NOR date or that of my final working day with my employer? Any help is much appreciated. 

Andy_L

Are they paying statutory redundancy or an enhanced package?

If stat then
"It’s based on age, weekly pay and number of years in the job.

Your weekly pay is the average you earned per week over the 12 weeks before the day you got your redundancy notice"

If better then they can use what they like (subject to what the contract says) as long as it works out to no less than stat