Statutory redundancy pay and compensatory award for unfair dismissal

27 February 2014

Following our news in January that the rate changes will apply from 6 April this year and not 1 February, The Employment Rights (Increase of Limits) Order 2014 has been published confirming the changes.

From 6 April 2014 the maximum compensatory award for unfair dismissal will increase to £76,574 from £74,200 and a week's pay will increase from £450 to £464.