Increase In Statutory Compensation Limits

The Employment Rights (Increase of Limits) Order 2007 SI 2007/3570 comes into force on 1 February 2008, increasing the limits applying to certain awards of employment tribunals, and other amounts payable under employment legislation.

The notable changes are:

• the limit on the amount of a week’s pay for the purposes of calculating, among other things, statutory redundancy payments and the basic award for unfair dismissal, will increase from £310 to £330
• the maximum compensatory award for unfair dismissal goes up from £60,600 to £63,000.