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Tribunal awards & statutory payment limits to increase from April 2015

Tribunal compensation limits will increase on 6 April 2015 under the Employment Rights (Increase of Limits) Order 2015 (SI 2015/226).

The maximum compensatory award for unfair dismissal will rise from £76,574 to £78,335.

The maximum amount of a week's pay, used to calculate statutory redundancy payments and various awards including the basic and additional awards for unfair dismissal, also rises from £464 to £475.

To discuss how this may affect you, contact our legal team: -

Ian Horner, Partner & Head of the Employment Law Department

Michelle McBride, Associate Solicitor, Employment Law

Kate Knapton, Associate Solicitor, Employment Law

Click here for additional information on Employment Law for employees.

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