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Employment Rights - Statutory Limits

The limits on payments and awards made to workers in certain employment rights cases rose from 1 February 2008. The increased limits affect:
 

• statutory redundancy payments;
• the basic and compensatory awards for unfair dismissal;
• the limit on guarantee payment made when employees are not provided with work; and,
• the minimum basic award for unfair dismissal in health and safety and certain other cases.

The main increases include:

• compensation for unfair dismissal - £4,400 (£ 4,200);
• limit on amount of the compensatory award for unfair dismissal £63,000 (£60,600).
• Maximum amount of a week's pay for the purpose of calculating the basic or additional award of compensation for unfair dismissal or redundancy payment - £330 (£310).

Internet Links: Statutory Instrument

To find out more about how we can help you, please contact Simon Coles & Co, London Chartered Accountants.