Statutory Pay Limits

New Compensation and Statutory Pay Limits from April 2018

From 6 April 2018, Tribunal award limits and redundancy pay calculations increase as follows:

•    a week's pay - £508 (currently £489).
•    maximum basic award/statutory redundancy payment - £15,240 (currently £14,670).
•    maximum compensatory award - The lower of £83,682 (currently £80,541) or 52 weeks' pay.