mobile-navigation

0207 118 0950 | info@reculversolicitors.co.uk
Employment Solicitors & Lawyers in London. 'Excellent' on:

Statutory Redundancy Payments and Unfair Dismissal Awards

Changes to Statutory Redundancy Payments:

(last updated 15.04.2021)

Employees being made redundant with over two years’ service are entitled to receive a redundancy payment which is calculated at a weeks’ gross pay to a maximum of £544 (£538 before 6 April 2021 ) x full years worked, x 1.5 for years worked over the age of 41 (see the government’s ready reckoner)

As a reminder, on redundancy employees are also entitled to statutory notice of one week for each full year worked to a maximum of 12 (or contractual notice if greater). Many employers will give a payment in lieu of notice, but there is no obligation to do so. Employers who want to offer enhanced payments on redundancy will normally do so subject to a Settlement Agreement.

Compensatory Awards in Unfair Dismissal Cases:

Claimants who succeed in unfair dismissal claims (for which two years’ service is now normally required) are entitled to;

a)      a Basic Award (equivalent to a statutory redundancy payment) plus;

b)      a Compensatory Award to cover their loss of net earnings, pension etc from dismissal till the date they secure suitable alternative employment.

Compensatory awards in unfair dismissal claims are calculated on the lesser of:

–          The employee’s gross pay of one year; or

–          A statutory cap. This is £88,519 for dismissals after 6 April 2020 (previously £86,444)

We are employment solicitors and lawyers advising across the UK but based in Holborn, London WC1, just by Chancery Lane tube. Call us today for more information.

Funding information

wallet

Is funding representation an issue?

Learn more about funding options


Ask a question

pen

If you have a question and cannot find the answer, put your question through our qualified solicitors

Ask a question


phonebig

0207 118 0950

 

Call me back

    Full Name:

    Company:

    Telephone/mobile:

    Email:

    captcha


    Copyright - Reculver Solicitors
    Reculver Solicitors Ltd (Company No. 6910066)
    1st Floor, 330 High Holborn, London, WC1V 7QT.
    Tel: 0207 118 0950
    Fax: 0207 477 2276
    Email: info@reculversolicitors.co.uk
    Regulated & authorised by the
    Solicitors Regulation Authority
    SRA No.565284
    Website design by Foundry Digital