Posted: Tuesday 20 December 2011
Employment Tribunal Award Limits 2012 Announced
The annual increase to the Employment Tribunal award limits has just been announced. This changes on the 1st February each year and as of 1st February 2012 the position will be as follows:-
- maximum unfair dismissal compensatory award £72,300 (increased from £68,400)
- maximum week's pay £430 (increased from £400 - this figure is used for calculating statutory redundancy payments and the basic award in an employment tribunal)
This now means that the maximum unfair dismissal award can be £85,200 (maximum basic award plus maximum compensatory award).
Bear in mind that there is still no limit to the amount that can be awarded for unfair dismissal for certain health and safety and whistleblowing reasons. In addition, there is no limit to the amount that can be awarded for discrimination claims.
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