The limit on the amount
of the compensatory award for unfair
dismissal is set to decrease from 1
February 2010. The current maximum of
£66,200 is to reduce to £65,300, due to
the decrease in the retail prices index
measure of inflation. This new limit
applies where the event giving rise to the
entitlement to the payment arose on or
after 1 February 2010.
The maximum amount of a week's pay for the
purpose of calculating the basic or
additional award of compensation for
unfair dismissal or redundancy payment has
not been amended from the current amount
of £380. This rate has been in force since
1 October 2009.The Business Link
website includes a useful calculator of
statutory redundancy entitlement.
Internet links:
Business link calculator
Statutory instrument |
