The statutory redundancy payment is two weeks for every year of service. People do not realise that many companies give multiples of the statutory payment. Every company does not make only the statutory payment. The food, drink and tobacco industries give two to four weeks' payment in addition to the statutory payment. People who work in the computer and electronics industry do not receive only the statutory payment; they also get four to six weeks' payment. When people who work in the financial services industry are made redundant, they get packages of between three to four weeks' payment in addition to the statutory payment. The two weeks' payment is given by many traditional companies.