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Increase in compensation limits

From 1 February  2008, the limits applying to certain awards payable under employment legislation will increase.

The main points to note are as follows:

  • The maximum compensatory award for unfair dismissal will be increased from £60,600 to £63,000.
  • The maximum amount for a week’s pay (for the purpose of calculating a basic award for unfair dismissal or for a redundancy payment) will be increased from £310 to £330.
 The limit on the amount of guarantee payment payable to an employee in respect of any day will be increased from £19.60 to £20.40.

 


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EEF Limited is the organisation for manufacturing, engineering and technology-based businesses. It is an employers association regulated under Part II of the Trade Union and Labour Relations (Consolidation) Act 1992 and a company limited by guarantee. EEF Limited is registered in England and Wales, registered no 05950172, and its registered office is Broadway House, Tothill Street, London, SW1H 9NQ

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