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Limits on tribunal awards and statutory payments to increase from April 2015.

02-March-2015
02-March-2015 21:52
in General
by Admin

Tribunal compensation limits will increase on 6 April 2015 under the Employment Rights (Increase of Limits) Order 2015 (SI 2015/226). The maximum compensatory award for unfair dismissal will rise from £76,574 to £78,335. The maximum amount of a week's pay, used to calculate statutory redundancy payments and various awards including the basic and additional awards for unfair dismissal, rises from £464 to £475.