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The annual increase in Tribunal compensation limits and new rates of benefits…

12/01/2012

Mark Jackson

Industrial Tribunal compensation limits 

The annual increase in Tribunal compensation limits will take effect for dismissals occurring on or after 1 February 2012.  The maximum compensatory award for unfair dismissal will increase from £68,400 to £72,300, and the maximum amount of a week’s pay (for calculating the unfair dismissal basic award and statutory redundancy pay) will increase from £400 to £430 per week.

Statutory maternity, paternity and adoption pay and statutory sick pay

On 9 April 2012, the lower rate of statutory maternity pay, and the rates of statutory adoption, paternity and additional paternity pay, will increase from £128.73 per week to £135.45 per week.  Statutory sick pay will increase from £81.60 to £85.85 per week.

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