From 1 February 2012, the cap on the unfair dismissal compensatory award will increase from £68,400 to £72,300 and the cap on weekly pay (used to calculate the unfair dismissal basic award and statutory redundancy pay) will increase from £400 to £430.
From April 2012 the weekly rate of statutory maternity/paternity/adoption pay will increase from £128.73 to £135.45, with the earnings threshold increasing to £107 a week. The weekly rate of statutory sick pay will rise from £81.60 to £85.85.
Key contacts
Steve Bell
Managing Partner - Employment, Industrial Relations and Safety (Australia, Asia), Melbourne
Emma Rohsler
Regional Head of Practice (EMEA) - Employment Pensions and Incentives, Paris
Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.