The government has announced the following increases in the statutory limits relating to employment to take effect from 6 April 2017:
Guaranteed payment for a day: £27.00 (Previous £26.00)
Maximum amount of a weeks pay for calculating redundancy pay: £489.00 (Previous £479.00)
Maximum compensation award for unfair dismissal: £80.541* (Previous £78,962*)
*or a year's pay - whichever is lower
Further details of the statutory limits can be found on the UK Government's legislation website.
If you have any queries regarding the above, please contact the ECA employee relations team on 020 7313 4804.