With effect from 1 February 2012, the Employment Rights (Increase of Limits) Order 2011 increased the rates of certain statutory payments and limits applying to certain Employment Tribunal awards.
From that date:
- the maximum compensatory award for unfair dismissal rose from £68,400 to £72,300;
- the maximum amount of a week's pay, used to calculate basic awards for unfair dismissal and statutory redundancy pay (among other things), rose from £400 to £430;
- the maximum amount of guarantee payments per "workless day", rose from £22.20 to £23.50; and
- the minimum basic award for certain types of unfair dismissals (i.e. those related to health and safety duties, pension scheme trustee duties, and activities as an employee representative) rose from £5,000 to £5,300.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
