The annual compensation awards
increase on 6 April 2016 and the main changes are:
· a week's
pay - £479 (currently £475), this is calculating redundancy payments and awards
for unfair dismissal
·
maximum
compensatory award for unfair dismissal - £78,962 (currently £78,335)
There will be
no increase in statutory rates for maternity, paternity and other parental
payments.
The rate will
remain at £139.58 per week or 90% of the employee’s average weekly earnings
whichever is lower.
The statutory
sick pay rate will remain at £88.45 per week.