Maximum Tribunal Awards Set to Increase
The annual increase in the limits applying to certain Employment Tribunal awards has been confirmed.
The Employment Rights (Increase of Limits) Order 2023 has been laid before Parliament. It will increase the following compensation limits with effect from 6 April 2023:
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- The limit on a week's pay (used for statutory redundancy pay and basic award calculations) will increase from £571 to £643.
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- The maximum compensatory award for ordinary unfair dismissal will increase from £93,878 to £105,707.
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- The minimum basic award for certain unfair dismissals (including health and safety dismissals) increases from £6,959 to £7,836.
The maximum awards are based on an RPI increase of 12.6% and reflect the sharp rise in the cost of living.
