The statutory redundancy pay rates are based on an employee’s age and length of employment. A qualifying employee will be entitled to at least the following:
1. If the employee is aged 18-22 - half a week’s pay for each full year of employment.
2. If the employee is aged 22-40: one week’s pay for each full year of employment.
3. If the employee is aged 41 or older: 1.5 weeks’ pay for each full year of employment.