New tribunal award limits come into force
The limit on the amount of the compensatory award for unfair dismissal increases from £68,400 to £72,300 on 1 February 2012.
Other changes coming into force on the same date through the Employment Rights (Increase of Limits) Order 2011 (SI 2011/3006) include:
- an increase in the maximum amount of a "week's pay" for the purposes of calculating a basic or additional award of compensation for unfair dismissal or a redundancy payment from £400 to £430; and
- an increase in the maximum amount of guarantee payment payable to an employee in respect of any workless day from £22.20 to £23.50.
The new limits are applicable where the event that gives rise to the award or payment occurs on or after 1 February 2012.
- Employment Rights (Increase of Limits) Order 2011 The full text of the Order can be viewed on the UK legislation website.
Also
Award limits and amounts payable under employment legislation from 1 February 2012 XpertHR's quick reference section has the new rates.