Posted: Thursday, 10 May 2018 @ 14:04
From 6 April 2016 the maximum amount of statutory
redundancy pay and the limit on the amount employment tribunals can
award for unfair dismissal increase, under new
legislation just published.
The weekly pay is subject to
a maximum amount. From 6 April 2016, this is £479, increasing from £475.
Therefore the top award of statutory redundancy pay also increases from
£14,250 to £14,370.
For those of you contemplating unfair dismissal, the maximum compensatory award for unfair dismissal is also rising to £78,962 from £78,335.
The rise in the unfair
dismissal award applies where the effective date of termination is on or after
6 April 2016.
This is all relatively small beer for the employee/ prospective Claimant but as they say, every little helps.