Tribunal Award Limit Changes 1 February 2012
01 February 2012
With effect from today, the maximum compensatory award for unfair dismissal increases from £68,400 to £72.300.
Other changes coming into force today include:-
- The limit on the amount of a week’s pay for statutory redundancy payments and the basic award for unfair dismissal will increase from £400 to £430
- An increase in the maximum amount of a guarantee payment payable to an employee from £22.20 to £23.50 per day.
- The minimum basic award in cases where the dismissal was unfair by virtue of health and safety, employee representative, trade union, or occupational pension trustee reasons will increase from £5,000 to £5,300.
The new limits apply only to awards or payments in relation to events that occur on or after 1 February 2012. Where the dismissal or relevant event falls before 1 February 2012, the old limits will still apply.
Clarkslegal, specialist Employment lawyers in London, Reading and throughout the Thames Valley.
For further information about this or any other Employment matter please contact Clarkslegal's employment team by email at firstname.lastname@example.org by telephone 020 7539 8000 (London office), 0118 958 5321 (Reading office) or by completing the form on this page.
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