Each year various compensation limits are reviewed, usually resulting in an increase.
The increase limits likely to be of most interest to you are given below.
Limit on a Week’s pay
– up from £80 to £400 per week.
(This affects statutory redundancy payments & employment tribunal basic awards)
Compensatory Award for unfair Dismissal
– up from £65,300 to £68,000
Limit on daily Guarantee payments
– up from £21.20 to £22.20
(This is minimum amount employers must pay workers who are laid off, though it is only payable for five days in any quarter)
Breach of contract
The limit for breach of contract claims raised in employment tribunals remains at £25,000