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Compensation for Unfair Dismissal - from 29th July 2013
Where dismissal takes effect on or after 29 July 2013, the compensatory award in any unfair dismissal case will now be capped at 12 months’ gross pay for the individual employee (excluding pension contributions, benefits, expenses or discretionary bonuses). The current overall cap of £74,200 will be retained for the highly paid. The employee will also still receive the basic award (equivalent to a statutory redundancy payment).
Posted on 19 Nov 2016

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