Tribunal awards will increase from 1 February 2013

From 1 February 2013, tribunal awards will be increased by the Employment Rights (Increase of Limits) Order 2012.

The main increases are:

• The maximum amount of a week’s pay will increase from £430 to £450.
• The maximum compensatory award for unfair dismissal will increase from £72,300 to £74,200.

• The daily limit on a guarantee payment will increase from £23.50 to £24.20.

In September 2012, the Government published a consultation paper about reducing the maximum compensatory award for unfair dismissal. The Government’s response to the consultation paper is expected in Spring 2013.