Statutory family pay and redundancy packages – worked out properly, week by week
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Statutory family pay and redundancy pay both look simple on the surface but are full of traps: the qualifying week is counted back from a Sunday, average weekly earnings come from an eight-week window between two paydays, the standard rate changes part-way through a period of leave, redundancy pay uses a capped week's pay and age bands, and only some of a leaving package is tax-free. This workbook does all of that for you, shows its working line by line, and turns the answers into a payroll schedule, a package breakdown and a costed team redundancy plan.
See how it works
The sheets you will use most, in the order you will use them – shown with the sample data every workbook comes with.
Step 1
The family pay calculator with all the qualifying tests. What you do: enter one employee's leave at a time.
Step 2
Week-by-week pay, KIT days, company top-up, pay dates, recovery, and a summary by payday. What you do: nothing – use it to set up payroll and your EPS claims.
Step 3
One employee's full redundancy package and tax. What you do: enter the yellow cells.
Step 4
Selection scoring and cost for up to 50 people. What you do: enter settings, criteria, pools and the employee list.
Who it is for
Quick start
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