Monday - Friday8:30am - 5:30pm

Increase in compensation limits

Statutory redundancy pay and unfair dismissal awards are going to get higher

Compensation limits for dismissals occurring on or after 6 April 2024 will increase. The limit on a week’s pay will increase from £643 to £700 for statutory redundancy pay calculations and unfair dismissal basic awards.  The limit on the maximum unfair dismissal compensatory award will increase from £105,707 to £115,115.  We will also see an 8.9% increase (from £7,836 to £8,533) for the minimum basic award which can be made in cases where a dismissal is unfair by virtue of reasons relating to health and safety, being an employee representative, being a trade union representative or an occupational pension trustee.

Chelmsford Office

4th Floor, Victoria House, 101-105 Victoria Road, Chelmsford, Essex, CM1 1JR

Maldon Office

The Stables, The Garden House, Crouchmans Farm Road, Ulting, Maldon, Essex, CM9 6QS

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+44 (0)1245 460 200

Our Office Hours

Monday - Friday8:30am - 5:30pm

Email Us

enquiries@stewartlaw.co.uk

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