If you were thinking of procuring your unfair dismissal from work, it could pay you to hold on just a little bit longer. The amount of compensation to which you would be entitled if an employment tribunal decided that your boss had broken employment law is increased for dismissals and other employer transgressions which take place on or after 6 April 2018.
The compensation is reviewed annually in line with the inevitable increase in the retail prices index. The relevant increase for September 2016 to September 2017 was 3.9% and so the Employment Rights (Increase of Limits) Order 2018 SI 2018/194 reflects the increase in the new compensation figures. For example,the maximum compensatory award for unfair dismissal jumps from £80,541 to £83,682 and the amount of one week's pay for the purposes of calculating redundancy payments and the basic award for unfair dismissal rises from £489 to £508.
Also on 6 April 2019 new laws come in which will compel employers to particularise in pay statements the number of hours worked where you are time-paid and this and other pay slip requirements will be extend to all workers. For more, watch this space.