Redundancy Payout Calculator

Under the National Employment Standards (NES), redundancy pay is based on your continuous years of service: 4 weeks for 1 year, scaling up to 16 weeks at 9 years. After 10+ years it caps at 12 weeks. Your award or contract may provide more — never less.

Genuine redundancy payments have a tax-free portion: $12,524 + $6,264 per full year of service (2025-26 rates). Anything above the tax-free portion is taxable as an Employment Termination Payment (ETP), generally at concessional rates if you're under the cap.

Genuine redundancy means your role itself is no longer needed (not just you in the role). It comes with the tax-free threshold. Non-genuine — for example, you negotiated a payout to leave — gets no tax-free amount and is taxed as ordinary ETP.

No. This calculates the statutory redundancy payment only. Accrued annual leave and long service leave are paid out separately at termination and are taxed differently (generally at marginal rate, with some concessional treatment in some cases).

Possibly. Check your employment contract, enterprise agreement, or award — many provide more generous redundancy schedules. The NES is the floor, not a ceiling.

Generally no. Small business employers (fewer than 15 employees) are exempt from the NES redundancy pay obligations, though they must still provide proper notice.

It's an estimate. The actual tax on the taxable ETP portion depends on your age (pre/post preservation age), whole-of-income cap, and ETP cap. For payouts under $245,000 and most working-age people, marginal-rate tax on the taxable portion is a close approximation.