Experts in Business

Increase in Compensation Limits…

The annual increase in compensation limits has just been published (for dismissals and other trigger events occurring after 1st February 2009). The key increases are: • compensatory award: £63,000 to £66,200 • a ‘week’s pay’: £330 to £350 • maximum redundancy payment: £9,900 to £10,500 This Order increases the limits applying to certain awards of employment tribunals, and [...]

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