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For employers reducing their workforces, the new figures from 1 February 2000 are as follows: The limit on a week's pay has been increased to £280 (previously £270); The maximum award has been increased to £8,400 (previously £8,100). | |
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For employers facing claims of unfair dismissal the new figures are: The limit on a week's pay
has been increased to £280 (previously £270); The maximum basic award - £8,400 (previously £8,100); The maximum compensatory award - £56,800 (previously £55,000). | |
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Other financial limits are listed on the Department of Trade and Industry's site at http://www.dti.gov.uk/er/pay/limits-pl827a.htm#1 These awards apply to claims for dismissals taking place on or after 1 February 2005. | |
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