New compensation limits have been confirmed by the Government and will take effect in February 2012.
Tuesday 20 December, 2011
New compensation limits have been confirmed by the Government and will take effect in February 2012.
The maximum compensatory award for unfair dismissal will rise to £72,300, from the current maximum of £68,400. The limit on a week’s pay, used for calculating statutory redundancy payments and the unfair dismissal basic award (as well as many other payments) will rise to £430, from the current limit of £400.
The minimum basic award for unfair dismissal (where the dismissal is for health and safety, trade union membership/activities, employee representative or occupational pension trustee reasons) will rise to £5,300, from £5,000.
The new rates apply where the dismissal or event giving rise to the compensation or payment occurs on or after 1 February 2012.
The Employment Rights (Increase of Limits) Order 2011
Our services
