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Weekly Pay Figure?

ItchyFeet Posts: 276 Forumite

27 April 2016 at 5:22PM in Redundancy & redundancy planning

In terms of working out redundancy pay / lieu of notice pay, is my weekly pay figure simply my monthly salary divided by 4 or is it worked out by days or some other complicated theory? Thanks.

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  getmore4less Posts: 46,882 Forumite

  

  27 April 2016 at 7:20PM

  Weeks pay is defined in the employment act.
  
  http://www.legislation.gov.uk/ukpga/1996/18/part/XIV/chapter/II

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  yessuz Posts: 259 Forumite

  

  7 May 2016 at 10:05PM

  It should be something like:
  yearly / 52.143
  
  this should be exact weekly pay

  I own an EV. AMA

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