Employment Rights - Statutory Limits

Employment Rights - Statutory Limits

February 8th 2009 1:44 pm

general

The limits on payments and awards made to workers in certain situations increased from 1 February 2009, where the event givin ...

1,059 views

The limits on payments and awards made to workers in certain situations increased from 1 February 2009, where the event giving rise to the entitlement to the payment arose on or after this date. The increased limits affect statutory redundancy payments and compensatory awards for unfair dismissal. The main increases include the:
  • minimum compensation for unfair dismissal - £4,700 (£ 4,400)
  • limit on the amount of the compensatory award for unfair dismissal £66,200 (£63,000)
  • maximum amount of a week's pay for the purpose of calculating the basic or additional award of compensation for unfair dismissal or redundancy payment - £350 (£330).

The Business Link website includes a useful calculator.

Source: Statutory instrument Business link calculator

be smart. find an accountant online now. it's easy!

what type of accounting work do you need help with? choose below.

Disclaimer

We are a lead generation facility for accountants located across the UK. We provide our visitors with the ability to search for accountants directly or provide details of the work they require and seek out accountants looking for clients with similar circumstances. Users of this website are assured that their personal details are not distributed to more than one accountant and that accountant is then allowed to contact the user to discuss the service the accountant can provide. All data transmission on this website and administration facility is carried out under full 256-bit SSL encryption.

Please read our full disclaimer.