Cyprus Redundancy Pay and Notice Period Calculator
Enter your gross monthly salary and years of service with the same employer.
Result
- Weeks of compensation
- 13 wks
- Weekly wage taken into account
- €507.69
- Minimum employer notice
- 8 wks
- Pay for the notice period
- €4,061.54
The result is an estimate for information only and is not tax, legal or financial advice.
How it is calculated
Employees with at least 104 weeks (2 years) of continuous service qualify. Compensation is 2 weeks' pay per year for the first 4 years, 2.5 for years 5–10, 3 for 11–15, 3.5 for 16–20 and 4 for 21–25. Maximum 75.5 weeks.
The weekly wage taken into account is capped at the maximum insurable earnings (€1,325 per week in 2026). Monthly pay converts to weekly as ×12÷52.
Minimum employer notice: 1 week for 26–51 weeks of service, 2 for 52–103, 4 for 104–155, 5 for 156–207, 6 for 208–259, 7 for 260–311 and 8 weeks from 312 weeks onwards.
Worked example
| Gross monthly salary | €2,200 |
| Completed years of service | 6 |
| Extra months | 0 |
| Redundancy compensation | €6,600.00 |
| Weeks of compensation | 13 wks |
| Weekly wage taken into account | €507.69 |
| Minimum employer notice | 8 wks |
| Pay for the notice period | €4,061.54 |
Frequently asked questions
Who pays redundancy compensation?
The Redundancy Fund, not the employer. The claim (form SIS 600) is filed within 3 months of termination.
Is the compensation taxed?
Redundancy Fund compensation is exempt from income tax. Other termination payments from the employer follow their own rules.
Related calculators
Sources and rule validity
Rules for tax year 2026 · Last verified: 2 September 2026
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