New employment tribunal limits
As of today (that is to say, for the purposes of employment ending today or later), the maximum award of compensation for unfair dismissal is £66,200, up from £63,000; and the maximum amount of a ‘week’s pay’ for the calculation of statutory redundancy pay and various other awards is £350, up from £330.
It might be worth mentioning that, in the case of the Tribunal awarding re-instatement or re-engagement, the cap is not fully implemented. Another reason for trying for re-instatement if at all possible.