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Our guide to calculating an employee's claim in an insolvency

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.

Click for our Guide to employees' claims to print and keep.