6 December 2002

This information is provided courtesy of Law-Now, CMS Cameron McKenna's free on-line information service.

www.law-now.com

Annual increase to tribunal awards announced

The Annual increases for Tribunal awards have now been
announced. These take effect from 1st February 2003.

The key changes are:

1. The maximum amount of a "week's pay" for the purpose of
calculating certain awards such as the basic award or
statutory redundancy payments is increased from £250 to
£260.

2. The maximum compensatory award is increased from £52,600
to £53,500.

3. The minimum basic award for certain automatically unfair
dismissals (such as trade union and health and safety
related dismissals) is increased from £3,400 to £3,500.

4. The limit on the amount of guarantee payment payable to
an employee in respect of any day increases from £17 to
£17.30.

The new amounts are effective where the "appropriate" date
falls on or after 1st February 2003. For the purposes of
unfair dismissal basic and compensatory awards the
appropriate date is the effective date of termination.
Therefore terminations on or after 1st February will be
subject to the new amounts.

If you require any further information on Tribunal awards
or how they are calculated please contact Simon Jeffreys
at simon.jeffreys@cmck.comor on +44 (0)20 7367 3487
or Anthony Fincham at anthony.fincham@cmck.com or on
+44 (0)20 7367 2783 or Alex Green at alex.green@cmck.com
or on +44 1224 622022