Tribunal compensation limits and other statutory payments are due to increase on 6th April 2019 after the Employment Rights (Increase of Limits) Order 2019 was laid before the parliament.
The following compensation limits will be affected by the recent increases:
- The maximum limit on a week’s pay will increase from £508 to £525.
- The maximum compensatory award for unfair dismissal is set to increase from £83,682 to £86,444.
- The minimum basic award compensation limit is also due to increase from £6,203 to £6,408 for unfair dismissals such as dismissals for trade union memberships, pension scheme trustee duties, health and safety duties and employee/workforce representatives.
The new rates will apply where the date of termination falls on or after 6th April 2019. If the dismissal falls before 6th April, the old limits will still apply on the date on which the compensation is awarded.
Click here for more information.
To speak to us about any aspect of employment law contact a member of our employment law team today.
