April 2017 compensation award increases announced
A number of compensation limits will increase from 6 April 2017 under the Employment Rights (Increase of Limits) Order 2017. The key changes include:
- The upper compensation limit that Employment Tribunals can award for unfair dismissal will increase from £78,962 to £80,541.
- Weekly pay for the purpose of calculating a statutory redundancy payments (amongst other awards) will increase from £479 to £489. The result is that the highest available statutory redundancy payment will be £14,670 (up from £14,370).