Redundancies this autumn could hit close to half a million according to data from the Institute for Employment Studies (IES). The Chancellor of the Exchequer Rishi Sunak launched a slew of financial ...

Redundancy is an option many employers have to explore when a business needs to reduce its costs. Some employers decide which staff are made redundant based on length of service, with the ‘last in, ...

If you lose your job you may be entitled to statutory redundancy pay. Use our calculator, supplied by Business Smart, to find out the minimum you will receive. The sum depends on your age, length of ...

Our redundancy calculator reveals the minimum legal payment an employer must make when making staff redundant. It is based on those aged 22 to 41, who are legally entitled to a one week's pay for ...