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The level of certain awards which can be awarded by Employment Tribunals will increase from 6 April 2018.
Each April, compensation limits for Employment Tribunal cases increase in line with the Retail Price Index.
The maximum limit on a week’s pay (which is important for the calculation of redundancy pay, unfair dismissal basic awards, and holiday pay, among other things) will increase from £489 to £508.
The maximum basic award for unfair dismissals will rise from £14,670 to £15,240, whilst the statutory cap on the unfair dismissal compensatory award will increase from £80,541 to £83,682.
Employment Rights (Increase of Limits) Order 2018 (SI 2018/194)
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