Latest Information

Redundancy Payment Increase

14/06/2009

The Government has confirmed that the statutory cap for redundancy payments will rise from £350.00 per week to £380.00.

This change will apply to dismissals taking place on or after 1st October 2009 and will not be reviewed until February 2011.

This one off increase was announced in the 2009 Budget as a result of the well publicised credit crunch in the hope that it will ease the pressure placed upon redundant employees. This weekly limit will also be applicable to certain other types of payments such as the basic award for unfair dismissal.

KBL has significant experience advising and assisting clients in relation to employment law and Human Resources issues. We also provide in-house training sessions to employer’s management staff to ensure they are equipped to tackle employment issues including employee grievances and complaints of harassment.

If you require advice or assistance in respect of the above or any other employment matter, please call or email John Hassells, Head of Employment on 01204 527777.

Would your colleagues or associates like to receive these free email updates? If so, please contact jhassells@kbl.co.uk