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.