Increase in UK Compensation Limits

more+
less-

From 1 February 2013 the maximum compensation that the Employment Tribunal can award for unfair dismissal (save in the exceptional cases such as whistleblowing, where no cap applies to the compensatory award) will increase, as will the weekly wage figure for calculating statutory redundancy payments.

The Employment Rights (Increase of Limits) Order 2012 will come into force on 1 February 2013. As a result, for dismissals in respect of which the effective date of termination falls on or after 1 February 2013:

- a week's pay (for the purposes of calculating the basic award in unfair dismissal cases and statutory redundancy payments) will be capped at £450 - the current limit is £430; and

- the maximum compensatory award for unfair dismissal will be capped at £74,200 the current limit is £72,300.

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

more+
less-

Dechert LLP on:

JD Supra Readers' Choice 2016 Awards
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×