Usefully Employed

The most common limits increase as follows:

• The cap on a week’s pay for Statutory Redundancy Payments, the basic award, and related purposes - up from £330 to £350;
• Maximum compensatory award on a finding of unfair dismissal - up from £63,000 to £66,200;
• Guarantee payment during lay offs - up from £20.40 to £21.50.

The new limits will come into force for dismissals (or the particular relevant event) on or after 1st February 2009. The statutory instrument with the full changes is here.