Employment Protection Regulation 2022
Schedule 1Scale of severance payments
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Schedule 1 Scale of severance payments
Schedule 1 Scale of severance payments
section 7
| Length of continuous service by employee | Rate for calculation of amount of severance payment | | | If employee under 45 years of age | If employee 45 or more years of age | | Less than 1 year | Nil | Nil | | 1 year and more but less than 2 years | 4 weeks’ pay | 5 weeks’ pay | | 2 years and more but less than 3 years | 7 weeks’ pay | 8.75 weeks’ pay | | 3 years and more but less than 4 years | 10 weeks’ pay | 12.5 weeks’ pay | | 4 years and more but less than 5 years | 12 weeks’ pay | 15 weeks’ pay | | 5 years and more but less than 6 years | 14 weeks’ pay | 17.5 weeks’ pay | | 6 years or more | 16 weeks’ pay | 20 weeks’ pay |