Compensation Limits and minimum awards that apply to a range of employment claims will increase on 6 April 2015.
Among other things, the limit on compensation for unfair dismissal will increase from £76,574 to £78,335 and the limit on a week’s pay (which is particularly relevant for statutory redundancy calculations) will increase from £464 to £475.
The increases are in line with the RPI measure of inflation as at September 2014.
The new rates take effect where the “appropriate date” for the cause of action (such as the date of termination in an unfair dismissal claim) falls on or after 6 April 2015.
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For any employment law or HR issue please contact Marie or Caroline on 0113 357 1315 or email:
marie@consilialegal.co.uk
caroline@consilialegal.co.uk