Compensation limits for certain tribunal awards and other statutory payments will rise from 6 April 2022.
In cases involving unfair dismissal, the new figures will apply where the effective date of termination falls on or after 6 April 2022. The increases are based on the September 2021 retail prices index (RPI) which increased by 4.9% since the previous year.
The Order includes the following new figures:
- The limit on a week’s pay increases from £544 to £571.
- The maximum compensatory award for unfair dismissal increases from £89,493 to £93,878.
Source: Employment Rights (Increase of Limits) Order 2022 (SI 2022/182)