Where the effective termination date fell on or after 29 July 2013, the maximum compensatory award (the unfair dismissal cap) is the lower of £76,574 or 52 weeks’ actual gross pay at the time of dismissal.
The maximum of a week’s pay for calculating basic award entitlement increases to £464, where the effective termination date fell on or after 6 April 2014. Therefore, the maximum basic award (30 weeks’ pay) increases to £13,920.
On the other side of the scale, the introduction of issue and hearing fees for Employment Tribunal cases from 29 July 2013 has so far resulted in a substantial decrease in the number of claims issued.
Call employment lawyer Karen Cole today to learn more about the unfair dismissal cap.
Note: This article is not legal advice; it provides information of general interest about current legal issues.