With the recent employer’s increase in national insurance contributions, it’s no surprise that unemployment in the UK has been on the up. HR and businesses have a tough decision to make: either lose staff or lose their business. Handling redundancies is one of the most sensitive and complex challenges to face.
Whether it’s due to economic shifts, restructuring, or strategic pivots, ensuring clarity, compliance, and compassion in redundancy processes is essential to protecting your business from claims and long-lasting damage.
That’s where our HR software steps in, offering an intuitive and easy-to-use redundancy calculator to simplify the already tough process of letting an employee go.
Why a Redundancy Calculator Matters
When businesses face redundancy decisions, the stakes are high for everyone involved. Employees need transparent, fair calculations, while organisations must ensure they meet all legal and financial obligations. Missteps can lead to legal risks, reputational harm, and existing strained employee relationships.
Our redundancy calculator is designed to be the perfect ally for HR professionals. It minimises human error, accelerates calculations, and provides employees with a clear breakdown of their entitlements. With this feature, businesses can transition through challenging times with confidence and professionalism.
Why You Need Our Redundancy Calculator
Compliance with Employment Laws: HRoes’ redundancy calculator is programmed to align with the latest employment laws and regulations. From statutory redundancy pay to tax considerations, the tool ensures every detail is accurate and compliant, saving your HR team hours of manual cross-checking.
Goodbye Spreadsheets: Say goodbye to complex spreadsheets and hello to a sleek, easy-to-use interface. Inputting employee details such as age, length of service, and salary is straightforward, with instant results displayed in an easy-to-understand format.
Automatic Calculations: The calculator enables you to calculate payments based on years of service, notice periods, statutory entitlements, and basic awards. Additionally, you can access our suite of tools, including calculators for holiday pay, maternity/paternity pay, Bradford scoring, shared parental leave, and more.
Benefits for Your Organisation
- Enhanced Accuracy: Avoid the pitfalls of manual calculations with an automated, error-free tool.
- Time Efficiency: Free up your HR team to focus on supporting employees and managing change.
- Improved Transparency: Establish trust by providing employees with clear, reliable information.
- Risk Mitigation: Stay compliant with ever-changing employment laws and reduce the likelihood of legal disputes.
Make Tough Redundancy Situations Easier
Redundancies isn’t just about numbers; it’s about managing emotions, expectations, and transitions. Our redundancy calculator allows your HR team to handle these moments with precision and care, ensuring employees feel valued and informed even in difficult circumstances.
See it in action below.
Try Our Redundancy Calculator Today
Ready to see how HRoes can transform your redundancy management? Schedule a demo today and explore the full potential of our redundancy calculator from just £2 per employee, per month. Redundancy is never easy for anyone, so let’s make the process smoother for your business.