Estimate your redundancy payment using the HPC Agreement's enhanced
ready reckoner, which is more generous than the basic statutory scheme
at lower service lengths.
Redundancy calculator
This uses the HPC Agreement's Redundancy Ready Reckoner (Appendix 9),
which pays out by age and length of continuous service - subject to
the statutory maximum week's pay.
Statutory maximum week's pay£719
Table covers ages18 to 61
Table covers service up to20 years
How it works
Minimum payments equal at least the statutory redundancy scheme.
The HPC scheme is more generous than statutory at lower service lengths.
A week's pay is capped at the statutory maximum (£719 from 6 April 2025), which itself is reviewed periodically.
Where pay is variable, an average of the previous 12 weeks' pay is used.
"Continuous service" generally means uninterrupted service with your current employer.