If you have at least two years’ continuous service, you are entitled to statutory redundancy pay of two weeks’ pay for every year of service, plus one extra week. Weekly pay is capped at €600, so the maximum for each year is €1,200.
Statutory redundancy calculator
Asked to sign a redundancy agreement? Get independent legal advice before you sign.
Independent legal adviceWho qualifies
You must be at least 16, have at least 104 weeks’ continuous service with the employer, and have been in insurable employment. Your job must be genuinely redundant.
How the calculation works
Two weeks’ pay per year of service, plus one bonus week. Weekly pay includes regular overtime and benefits, and is capped at €600.
Example: 8 years at €700 a week → (8 × 2 + 1) × €600 = €10,200
Statutory, ex gratia and enhanced packages
Many employers pay more than the statutory minimum. The extra amount is usually called an ex gratia payment, and part of it may be tax free. Employers often ask you to sign an agreement giving up future claims in return.
Before you sign a redundancy agreement
Check that your selection was fair, that the figures are right and what claims you are giving up. Many employers require independent legal advice before you sign and pay the fee for it. How independent legal advice works
If you think the redundancy is not genuine
If the role was not really redundant or the selection was unfair, you may have an unfair dismissal claim. Unfair dismissal claims
Frequently asked questions
Is statutory redundancy taxable?
Statutory redundancy pay is tax free. Ex gratia payments above it may be partly taxable.
How long does the employer have to pay?
Payment is normally made at the end of employment. If your employer cannot pay, you can apply to the Department of Social Protection.
Can I get redundancy if I volunteer?
Yes, voluntary redundancy still counts if the job is genuinely redundant.
Asked to sign a redundancy agreement?
Get independent legal advice before you sign.
