Annual increase in tribunal limits
Posted: 11th December 2012
The Employment Rights (Increase of Limits) Order 2012, which details the annual inflation-linked changes in limits on the compensation amounts which can be awarded by employment tribunals, was laid before Parliament on 4 December 2012 and applies where the appropriate date falls on or after 1 February 2013.
The main changes are:
- the maximum compensatory award for unfair dismissal has increased from £72,300 to £74,200;
- the limit on the amount of guarantee payment payable to an employee in respect of any day has increased from £23.50 to £24.20; and
- the maximum amount of a week’s pay for the purpose of calculating a redundancy payment, or for various awards including the basic or additional award of compensation for unfair dismissal, has increased from £430 to £450.
There is no statutory cap on the amount a tribunal can award in discrimination cases