Of course, regular wages are not the only element of a working life that need to be assessed, as Citizens Advice noted:
Notice periods and holiday pay
As they continued: “If you’ve worked for your employer for at least a month you’re entitled to a paid statutory notice period.
“If you’ve worked there for more than a month but less than two years, you have to be given a week’s notice. For two years or more, it’s a week for each full year you have worked, up to a maximum of 12 weeks. You may be entitled to a longer notice period as part of your employment contract.
“Your notice period only starts when your employer says you’ll be made redundant and gives you a finishing date – not when your employer says you’re at risk of redundancy. Your employer might decide to give you notice pay instead of your notice period – this is called ‘pay in lieu of notice’.”
Additionally, holiday circumstances should not be overlooked: “You’ll be paid for any holiday you have left over when you leave. This should be at your normal rate’s pay, even if you’re currently furloughed on 80 percent of your pay.
“You can ask to take holiday during your notice period, but it’s up to your employer to decide if you can take it then. Your employer can also tell you to use up any holiday you have left over, but they must give you notice. The notice must be at least twice as long as the holiday they want you to take.”