Wednesday 9 March 2016

Annual Compensation Limit Increase

BIS has made The Employment Rights (Increase of Limits) Order 2016, containing the annual increases in compensation payments, before Parliament. It applies to dismissals (or detriments, etc) occurring on or after 6 April 2016.

The main changes (and they're not going to break the bank) are:-
  • a week's pay - £479 (currently £475)
  • maximum compensatory award - £78,962 (currently £78,335)

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