In Melia v Magna Kansei Ltd, the EAT holds that because a discount of 2.5% per annum is applied in recognition of accelerated payment of elements of an unfair dismissal compensatory award, it is proper for employment tribunals to award a premium of 2.5% per annum in respect of delayed payment of other elements of the award, even though statute does not allow for payment of interest.
XpertHR is part of the LexisNexis® Risk Solutions Group portfolio of brands.
The materials and information included in the XpertHR service are provided for reference purposes only. They are not intended either as a substitute for professional advice or judgment or to provide legal or other advice with respect to particular circumstances. Use of the service is subject to our terms and conditions.
Copyright © 2021 LexisNexis Risk Solutions Group
© 2021 LexisNexis Risk Solutions Group.