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Annual Increase in Compensation Limits

  • Posted

The annual increase in compensation limits has just been published (for dismissals and other trigger events occurring after 1st February 2009). The key increases are:

  • compensatory award: £63,000 to £66,200
  • a 'week's pay': £330 to £350
  • maximum redundancy payment: £9,900 to £10,500

Full details here.

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