Financial limits for employment tribunal awards are raised

The limits on awards that can be made by tribunals in employment rights cases rose on 1st February in line with the annual index linked formula.

The new limits affect statutory redundancy payments, compensatory awards for unfair dismissal, the payment guarantee when employees are not provided with work and the minimum award for unfair dismissal in health and safety cases and certain other cases.

The limit on the amount of compensation that can be awarded for unfair dismissal rises from £60,600 to £63,000. The maximum nominal “week’s pay” used when calculating awards for redundancy payments or compensation for unfair dismissal rises from £310 to £330.

The limits in other categories rise by similar proportionate amounts.