NEW LIMITS FOR UNFAIR DISMISSAL AWARDS, REDUNDANCY PAYMENTS AND GUARANTEE PAYMENT

New limits for unfair dismissal awards, redundancy payments and guarantee payment.

The increases will come into effect on 6th April 2017:

  • The maximum amount of “a week’s pay” for the purpose of calculating a redundancy payment or for various awards including the basic or additional award of compensation for unfair dismissal will increase from £479 to £489
  • Limit on amount of compensatory award for unfair dismissal will increase from £78,962 to £80,541
  • Limit on amount of guarantee payment payable to an employee in respect of any day will increase from £26 to £27