| That's literally all you get in the UK: https://www.gov.uk/redundancy-your-rights/redundancy-pay To quote: "half a week’s pay for each full year you were under 22 one week’s pay for each full year you were 22 or older, but under 41 one and half week’s pay for each full year you were 41 or older Length of service is capped at 20 years." And also it's pretty shit because it's capped, so for most software devs it won't be anywhere near what their actual salary was: "If you were made redundant on or after 6 April 2023, your weekly pay is capped at £643 and the maximum statutory redundancy pay you can get is £19,290. " |
Redundancy also comes with a required notice period that the employer must pay you through as well. And there’s a bunch of other rules around how people can be selected for redundancy.
I got laid off when Realtime Worlds went into administration and only got the statutory pay until years later the company was wound up and I got a follow on measly cheque from them for part the money they still owed me for the notice period.