Tribunal awards are determined using a strict formula, with limits reviewed and often increased annually in April. Starting April 6, 2025, new rates for tribunal awards related to employment claims will take effect. These rates will apply to employees whose effective date of termination (EDT) is on or after this date.
The limit on a week’s pay is crucial for employers when calculating statutory redundancy payments and determining the basic award in unfair dismissal cases.
In this HR Resource, you can download the latest maximum compensation rates, which include
- Limit on a week’s pay (gross) e.g. statutory redundancy pay
- Unfair dismissal basic award
- Statutory redundancy payment
- Unfair dismissal compensatory award
- Unfair dismissal additional award
- Guarantee pay limit for a day’s pay during short-time or temporary lay off
- Breach of right to be accompanied
- Breach of contract cases heard in the employment tribunal
- Failure to consult over collective redundancies
- Failure to inform and/or consult over a TUPE transfer
- Failure to give statement of employment particulars
- Breach of flexible working regulations
- Discrimination
To stay informed about the latest statutory rates, compensation limits, and access an easy-to-use redundancy calculator, visit Employmentbuddy’s HR Facts and Figures.