Annual Increase in Employment Tribunal Compensation Limits for 2024-2025

Keeping you informed on crucial updates in employment regulations is at the heart of our commitment. As we transition into the new fiscal year, it's imperative to be aware of the revised compensation limits set by the government for Employment Tribunal cases.

Here are the key changes effective from 2024 to 2025:

Unfair Dismissal Compensation Cap:

- Increased to £115,115.

Maximum Statutory Week's Pay:

- Increased, with the new maximum now standing at £21,000.

 Statutory Redundancy Cap:

- Raised to £700 per week.

These adjustments align with the retail price index and reflect the evolving landscape of employment legislation.

Understanding these changes is crucial for both employers and employees. If you have any questions or need guidance on navigating Employment Tribunal matters, AS Robins LLP is here to help.

We're passionate and dedicated to supporting businesses in staying compliant.