Employment Protection Payments

THE new rates for statutory employment protection payments were effective from 1 February and are set out below.

Statutory payment From 1 Feb 2003 Prior to 1 Feb 2003

Redundancy pay £260 £250

Unfair dismissal

Maximum basic award £7,800 £7,500 Maximum compensatory award £53,500 £52,600 Additional award for refusal to reinstate Min £6,760 Min £6,500 Max £13,520 Max £13,000

Guarantee pay (if laid off) £17.30 per day (max 5 days) £17 per day (max 5 days)