The weekly pay limit for calculating compensation for dismissals on or after 1 February 2005 has gone up £10 to £280. This applies to calculations for statutory redundancy pay or for the basic award in unfair dismissal claims. The limit on the compensatory award for unfair dismissal is now £56,800 (previously £55,000).
For the full list of increases in statutory rights and claims in the Employment Rights (Increase in Limits) Order 2004 SI 204 no 2989 click here.
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