Posted on: 14/04/2011 - Employment | Employment
The maximum limits for redundancy payments and awards for various employment rights cases have risen in line with the annual index-linked formula.
The limits are linked to the Retail Prices Index, which rose by 4.6% during the qualifying period from September 2009 to September 2010.
The maximum compensation that can be awarded for unfair dismissal rises from £65,300 to £68,400.
The maximum amount of a nominal week’s pay for the purposes of calculating redundancy payments rises from £380 to £400.
The new levels came into effect on 1st February.
Please contact us if you would like more information.
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