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Increase in tribunal compensation from 6 April 2024
Adrian Fryer
The Government has announced the proposed annual increase in compensation limits for certain tribunal awards and other statutory payments. The changes, which take effect from 6th April 2024, include:
- The maximum compensatory award for unfair dismissal rises from £105,707 to £115,115
- The limit on a week’s pay goes up from £643 to £700
- The minimum basic award for some forms of unfair dismissal rises from £7,836 to £8,533
- Statutory guarantee pay increases from £35 to £38 per day
The 2024 annual update to the Vento guidelines (which give ranges for injury to feelings awards in discrimination cases, depending on severity) have also been published. In respect of claims presented on or after 6th April 2024, the Vento bands are:
- a lower band of £1,200 to £11,700 (less serious cases);
- a middle band of £11,700 to £35,200 (cases that do not merit an award in the upper band); and,
- an upper band of £35,200 to £58,700 (the most serious cases), with the most exceptional cases capable of exceeding £58,700.
Contact a member of the Employment team.