Compensation limits rise
The Employment Rights (Increase of Limits) Order 2004 (SI 2004/2989) was laid before parliament on 16 November 2004 and will come into force from 1 February 2005. The key changes are:
the maximum compensatory award for unfair dismissal goes up from £55,000 to £56,800; and
the maximum amount for "a week's pay" for the purposes of calculating the basic or additional award for unfair dismissal or a redundancy payment rises from £270 to £280.
To continue reading, register for free access now.
Register now
Already an XpertHR user?
Log in
