Useful Statistics
Tribunal Awards from April 2010 the annual increases in limits are
- A week’s pay £380
- Maximum basic compensatory award/statutory redundancy payment £11,400
- Maximum Compensatory award for unfair dismissal £65,300
Holidays from April 1st all full time employees are entitled to 5.6 weeks including statutory holidays
From April 5th Statutory Maternity, Paternity(2 weeks only) and Adoption pay rises, after 1st 6 weeks where it is 90% of average earnings, to £124.88 (assuming employee earns at least £124.88) per week for 39 weeks
From April 5th Statutory Sick pay rises to £79.15 per week
Calculating Redundancy pay
|
One and half weeks pay |
Each year of employment in which employee is aged 41 and above |
|
One week’s pay |
Each year of employment in which employee is aged 22-40 |
|
Half a week’s pay |
Each year of employment in which employee is aged 21 and under |
|
Maximum Weekly Pay |
£350 |
|
Maximum number of years |
Last 20 worked |