This year, for the first time, there has been a reduction in statutory payments/limits because of the decrease of 1.4% in the Retail Prices Index for the year to September 2009. From 1st February 2010: Maximum compensatory award will be £65,300 - currently £66,200. Statutory guaranteed lay-off payments will reduce from £21.50 to £21.20 per day. Minimum compensation award for exclusion or expulsion from a Trade Union will reduce from £7300 to £7200. Minimum basic award for certain specified unfair dismissals will remain unchanged at £4,700. A week's pay (used to calculate employment tribunal basic awards and redundancy pay), will remain at £380. The statutory rates for Statutory Maternity/Adoption and Paternity Pay due to increase in April are yet to be announced. |