1 February 2011 - Increase in `a week`s pay` and unfair dismissal compensation

With effect from 1 February 2011 the maximum amount of `a week`s pay` for calculating statutory redundancy payments will rise from £380 to £400. This means employees can now receive up to £12,000 statutory redundancy pay.

There will also be an increase in the maximum compensatory award for unfair dismissal which will rise from £65,300 to £68,400.

Posted on: 27/01/2011

This article is for general guidance only. It provides useful information in a concise form. Action should not be taken without obtaining specific legal advice.

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