Posts tagged ‘Parental leave’
The annual increase in Tribunal compensation limits and new rates of benefits…
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.