New compensation limits
25th March, 2014
The recently published Employment Rights (Increase of Limits) Order 2014 outlines the increases to certain Employment Tribunal awards with effect from 6 April 2014.
The limit on a week’s pay for the purposes of statutory redundancy payments and a basic award in unfair dismissal proceedings will increase from £450 to £464.
The maximum compensatory award in unfair dismissal proceedings will increase from £74,200 to £76,574. The additional cap of one year’s salary on a compensatory award will still apply.
The rate of guarantee pay will increase from £24.20 per day to £25 per day.
The minimum basic award for unfair dismissals relating to health and safety duties, acting as an employee representative, dismissal for a reason relating to trade union membership, or an occupational pension trustee’s duties will increase from £5,000 to £5,676.
The new rates as set out above will apply to dismissal on or after 6 April 2014.
For further information of Employment Tribunal awards, please contact Claire Brook on 01244 405575 or send an email to [email protected].
You might also be interested in...
22nd November, 2018
Family Law Partner Sandy Edwards believes there is. Next week, from 26 to 30 November, Resolution, an organisation of 6,500 family lawyers and other professionals, will be promoting “Good Divorce Week” which will focus on how separating and divorcing couples can put their children’s needs first and limit the impact of conflict. The week falls during the government’s divorce... Read More »
16th November, 2018
It is reported that a quarter of all complaints dealt with by the Legal Ombudsman revolve around costs. Therefore to avoid complaints and confusion, it is important to be clear from the outset. The new Transparency Rules (which the SRA have now confirmed will come into effect on 6 December 2018) require that accurate and relevant information is... Read More »
5th November, 2018
Aaron & Partners LLP has once again seen improved rankings in The Legal 500 – a comprehensive guide... Read More »