The Employment Rights (Increase of Limits) Order (NI) 2016
The Employment Rights (Increase of Limits) Order (NI) 2016 comes into effect on Sunday 14th February 2016. This sets out the annual increase in limits for calculating a week’s pay for redundancy and UD purposes.
A weeks pay will increase to £500 (up from £490)
The limit on the Compensatory award will increase to £79,100 ( up from £78,400)
Guarantee pay will increase to £25.90 (up from £25.60)
Full details will be on our website next Monday.