The Employment Rights (Increase of Limits) Order 2006 sets out the increase in limits to tribunal awards. These will come into force on 1st February 2007.
The key increases are as follows:
compensatory award for unfair dismissal - £60,600 (up from £58,400)
a week’s pay (for basic award, redundancy payments etc.) - £310 (up from £290)
[update 2020 - the figures have gone up every year since and are now £88,519 and £538]
Steen & Co Employment Solicitors will be monitoring the developments in this area of law and will provide information as and when more details are known. For more information please contact us via any of the methods set out on our contact us page.