Redundancy Calculator Zero Hour Contracts

Redundancy calculator for zero hour contracts helps you understand your statutory redundancy pay. It’s crucial for planning your finances after losing your job.

How to Use This Calculator

1. Enter your annual salary.
2. Enter your years of service.
3. Select your contract type.
4. Click ‘Calculate’.

Formula & Methodology

The statutory redundancy pay is calculated as:

Weekly Pay x Number of Years of Service x Redundancy Pay Multiplier

The redundancy pay multiplier is 1.5 for permanent contracts and 0.5 for zero-hour contracts.

Real-World Examples

Data & Statistics

Comparison of Redundancy Pay for Permanent vs Zero Hour Contracts

Years of Service	Permanent Contract	Zero Hour Contract

Expert Tips

• Check your employment contract for any additional redundancy pay.
• Consider seeking professional advice for complex situations.

Interactive FAQ

What if I’ve been on a zero-hour contract for many years?

Your redundancy pay will be calculated based on the average weekly earnings over the 12 weeks before redundancy.

GOV.UK – Redundancy pay

UCAS – What to do if you lose your job