From 6 April 2015, the annual increases in compensation limits and statutory pay will take effect as follows:

  • Statutory maternity, adoption, paternity, additional paternity and shared parental pay increases to £139.58;
  • Statutory sick pay increases to £88.45;
  • The maximum compensatory award increases to £78,335 (for dismissals which take effect on or after 6 April 2015); and
  • The statutory cap for a week’s pay for the purpose of calculating redundancy pay and the unfair dismissal basic award increases to £475 (for dismissals which take effect on or after 6 April 2015).

If you require further information, please contact Linky Trott or any member of the Edwin Coe Employment and Immigration Team.

Please note that this blog is provided for general information only. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content of this blog.

Edwin Coe LLP is a limited liability partnership registered in England and Wales (No. OC326366) and is authorised and regulated by the Solicitors Regulation Authority. A list of members of the LLP is available for inspection at our registered office: 2 Stone Buildings, Lincoln's Inn, London WC2A 3TH. "Partner" denotes a member of the LLP or an employee or consultant with the equivalent standing. Our privacy notice which we are obliged to give you under the GDPR is available here.

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