ARTICLE
25 April 2023

Employment Law: Annual Increases In Compensation

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Bindmans LLP
Contributor
We are a highly successful London firm offering a range of specialist legal services to both individuals and businesses. Known for achieving excellent results for our clients, our solicitors offer the highest standards of accountability and commitment to defending our client’s interests.
Employers should be aware that as of 6 April 2023, if a dismissal takes place on or after that date, the week's pay will increase from £571 to £643.
UK Employment and HR
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We are reaching that time of the year when there is an annual Tribunal limit increase.

Employers should be aware that as of 6 April 2023, if a dismissal takes place on or after that date, the week's pay will increase from £571 to £643. The compensatory award that was capped at £93,878 will increase to £105,707.

If you have an employee that is bringing a discrimination claim on or after 6 April 2023, then the Vento Bands (injury to feelings award) have also increased to the following:

  • The lower band will be between £1,100 – £11,200
  • The middle band will be between £11,200 – £33,700
  • The upper band will be £33,700- £56,200

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

ARTICLE
25 April 2023

Employment Law: Annual Increases In Compensation

UK Employment and HR
Contributor
We are a highly successful London firm offering a range of specialist legal services to both individuals and businesses. Known for achieving excellent results for our clients, our solicitors offer the highest standards of accountability and commitment to defending our client’s interests.
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