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Statutory increases to tribunal compensation announced

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The statutory increase in compensation awards that can be made by tribunals has gone before parliament. The increases will come into force on 1 February.

The compensation covers unfair dismissal cases – there are no upper limits for discrimination claims – the basic award increases from £4,000 to £4,200 while the compensatory award rises from £58,400 to £60,600.

The maximum amount of ‘a week’s pay’ for the purpose of calculating redundancy payments rises from £290 to £310.

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