Tribunal awards and statutory payments to increase from April 2016

14th March 2016

blank

The annual increase on certain Tribunal awards and other statutory payments is due to take effect from 6 April 2016.

Tribunal compensation limits will increase under the Employment Rights (Increase of Limits) Order 2016. The maximum compensatory award for unfair dismissal is currently £78,335 and will rise to £78,962.

The maximum amount of a week’s pay which is used to calculate statutory redundancy payments and various other awards including the basic and additional awards for unfair dismissal is currently £475 and will rise to £479.

The increase will apply where the event giving rise to such payment or award occurs on or after 6 April 2016.

Loading...