ARTICLE
4 April 2024

New Rates And Limits For Employment Claims Come Into Effect On 6 April 2024

WL
Withers LLP

Contributor

Trusted advisors to successful people and businesses across the globe with complex legal needs
New rates and limits for employment claims come into effect on 6 April 2024. The limit on a week's pay (applicable, for example, when statutory redundancy pay is being calculated) increases from £643 to £700.
United Kingdom Employment and HR

New rates and limits for employment claims come into effect on 6 April 2024.

The limit on a week's pay (applicable, for example, when statutory redundancy pay is being calculated) increases from £643 to £700.

The maximum compensatory award for unfair dismissal increases from £105,707 to £115,115.

The minimum basic award for certain unfair dismissals (including health and safety dismissals) increases from £7,836 to £8,533.

In unfair dismissal claims, the new figures will apply where the effective date of termination falls on or after 6 April 2024. The increases arise from the September 2023 retail prices index (RPI) which rose by 8.9% on the previous year.

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.

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