Latest Information

New Compensation Limits

10/01/2012

As of 1 February 2012 there will be an increase in the limits placed upon certain Employment Tribunal awards and other amounts payable under Employment Legislation.

The main changes are as follows:-

. Increase on the cap for a week’s pay for the purposes of calculating a statutory redundancy payment from £400.00 to £430.00.

. Maximum compensatory award for unfair dismissal increases from £68,400.00 to £72,300.00.

. Guaranteed pay in relation to lay off periods and short term working increases from £22.20 per day to £23.50 per day.

. The minimum basic award in cases where dismissals are unfair by virtue of health and safety, being an employee representative or trade union/occupational pension trustee reasons will increase from £5,000.00 to £5,300.00.

The new rates apply where the event giving rise to compensation or payment occurs on or after 1 February 2012.