It’s a couple of weeks overdue, but the The Employment Rights (Increase of Limits) Order 2023 has been published, with the regular annual increase in tribunal limits.
The key increases are:
- Compensatory Award - £105,707 (previously £93,878)
- A ‘week’s pay’ (for basic award and redundancy payments) - £643 (previously £571)
The changes take effect from 6 April 2023 (broadly, for dismissals taking place on or after that date).
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