Limits on tribunal awards and statutory payments to increase from April 2015
Tribunal compensation limits will increase on 6 April 2015 under the Employment Rights (Increase of Limits) Order 2015.
- 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, also rises from £464 to £475.
For further information, contact Aaron Heslop in the Dispute Resolution team.