Annual Tribunal Limit Increase – April 2024

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Annual Tribunal Limit Increase – April 2024

Author: Swyn Llyr

Key Contact: Claire Knowles

The Employment Rights (Increase of Limits) Order 2024 has been published in draft form and, whilst the anticipated changes are subject to parliamentary approval, the Order proposes the regular annual increase in Employment Tribunal limits.

Despite the increase in the maximum amount that can be awarded to successful Claimants, it is critical to bear in mind that each case will turn on its own facts and the amount awarded will be subject to individual circumstances.

These increased rates will be applicable to any dismissal, and tribunal claim, taking effect from 6 April 2024.

Statutory provisionOld limitNew limit (as of 6 April 2024)
Compensatory award: The maximum compensatory award for unfair dismissal claims.  £105,707£115,115
Week’s pay: The maximum amount of a ‘week’s pay’ used to calculate statutory redundancy pay, and the basic award for unfair dismissal claims.  £643£700
Compensatory award for other forms of unfair dismissal: The minimum amount of basic award of compensation where dismissal is unfair by virtue of section 100(1)(a) or (b), 101A(d) or 103 of the Employment Rights Act 1996.  £7,836£8,533
Guarantee payment: Limit on amount of guarantee payment payable to an employee in respect of any day.£35£38

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