From 6 April 2020, the maximum amount of a week's pay for calculating employees' claims will increase to £538.
The Government has increased the following:
- the weekly limit for gross wages when calculating statutory redundancy pay has increased from £525 to £538;
- the maximum statutory redundancy payment or basic aware has increased from £15,750 to £16,140; and
- a successful unfair dismissal claim may grant a compensatory award of up to £88,519, from £86,444.
You can read how an employee's entitlements are calculated in our "What, how and why ?" section.