It is that time of year when the annual increase in employment tribunal compensation limits are published and we have taken a look at the key changes so you don’t have to.
The key changes are:
- The limit on the Compensatory Award in relation to an unfair dismissal claim will increase from £93,878 to £105,707
- A ‘week’s pay’ (for basic award and redundancy payments) will increase quite substantially from £751 to £643
The increased limits will take effect from 6 April 2023 so for any dismissals occurring on or after this date, the new rates will apply.
If you are concerned about your entitlement to compensation or redundancy pay, or would like some advice regarding your potential award in an employment tribunal claim, please contact our employment solicitors today.
