The Employment Rights (Increase of Limits) Order 2016 has been approved by Parliament and introduces new limits from 6 April 2016 for certain awards in employment tribunals and other amounts payable under employment law.
The key changes are:
- The maximum amount of a “week’s pay” for calculations such as redundancy increases from £475 to £479
- New minimum and maximum compensatory awards for matters such as unfair dismissal are set at £5,807 minimum (an increase of £46) and £78,962 maximum (an increase of £627 on the current limit)
For more information on how these changes could affect you or your business please call 01245 893400 and book a FREE 30 minute appointment with a member of our specialist employment law team.
The Backhouse Solicitors Team