Increase In Employment Tribunal Compensation
Certain Employment Tribunal awards and other amounts payable under employment legislation will increase from 1 February 2012.
The most important changes are:
• the limit on the amount of a week’s pay for the purposes of calculating statutory redundancy payments and the basic award for unfair dismissal will increase from £400 to £430
• the maximum compensatory award for unfair dismissal increases from £68,400 to £72,300
• guarantee pay increases from the daily rate of £22.20 to £23.50; and
• the minimum basic award in cases where the dismissal was unfair by reason of health and safety, employee representative, trade union, or occupational pension trustee reasons will increase from £5,000 to £5,300.
However please be aware if the dismissal or relevant event falls before 1 February 2012, the previous limits will still apply, regardless of the date on which compensation is awarded.
Ends
For further information please contact Morrish Solicitors on 0113 2450733.
