Redundancy pay calculator NZ

In New Zealand there's no minimum redundancy payment set by law. You're only entitled to redundancy compensation if your employment agreement says so.

An agreement may set a number of weeks of pay for the first year of service and another for each year after. Enter those numbers and your weekly pay to see what you would get.

How it's calculated

Weeks of pay = weeks for the first year + weeks for each extra year × the extra years you've worked.
If your agreement has a maximum number of weeks, the total stops there.
Multiply the weeks by your weekly pay. Notice paid instead of worked is added on top.

An example

With 6 years' service, an agreement of 4 weeks for the first year and 2 for each extra year gives 14 weeks. At $1,300 a week that's $18,200 before tax.

Frequently asked questions

Is there a minimum redundancy payment in New Zealand?

No. If your employment agreement doesn't mention redundancy pay, there's no compensation. You and your employer can still negotiate.

Do I still get notice if I'm made redundant?

Yes. Your employer has to give you notice and pay it. That is separate from redundancy compensation.

Where do I find my redundancy terms?

Look in your employment agreement. If it doesn't provide for redundancy pay, there's no compensation unless you negotiate it.

Key terms

Redundancy: When your job ends because the employer no longer needs the role, not because of anything you did.
Notice pay: Pay for the notice period, when you're paid instead of working it.

The same calculation in other countries

Up-to-date official data

We check the official sources automatically, every day.

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