The following changes to the limits to payments made under employment rights legislation will come into effect on 6th April 2015:
Rights protected under the Employment Rights Act 1996:
- The limit on the weekly amount payable under the insolvency provisions of the Act is increased to £475.
- The limit on the statutory guarantee payment payable to employees laid off work is increased to £26.00 a day.
- The minimum basic award for unfair dismissal is increased to £5,807.
- The maximum compensatory award for unfair dismissal is increased to £78,335.
- The maximum amount of a week’s pay for calculating the basic or additional award for unfair dismissal or for redundancy payment is increased to £475.
Rights protected under the Trade Union and Labour Relations (Consolidation) Act 1992:
- The award in relation to unlawful inducement relating to trade union activities or collective bargaining is increased to £3,800.
- The minimum basic award for unfair dismissal is increased to £5,807.
- The minimum compensation in relation to exclusion from a union in contravention to section 174 is increased to £8,868.
For more information please see: Employment Rights (Increase of Limits) Order 2015 (SI 2015/266)