Interested to know, if you or someone you know has been made redundant recently, how much if any redundancy payment did you get?
Statutory minimum only kicks in at 2 year's service, then is 0.5 to 1 week pay per year of service, depending on age, capped at a maximum of £350 per week and 20 years service.
My contract is for stat min, so for 5 years service I would get 5 week's pay.