Employment law update: increase in limits from April 2020
From 6 April 2020 legislation will increase compensation limits and other statutory payments.
Compensation limit
Maximum limit on a weeks pay will increase from £525 to £538.
Maximum compensatory award at an Employment Tribunal will rise from £86,444 to £88,519.
Statutory rates of pay
Sick pay will increase from £94.25 per week to £95.85.
The rate for maternity pay, paternity pay, adoption pay and shared parental pay will increase from £148.68 per week to £151.20.