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Increase in Redundancy PayPosted on by Angela Rhodes
The Employment Rights (Increase of Limits) Order 2019 will take effect from 6th April 2019 and will increase the maximum amount of a week’s pay from the current rate of £508 per week to £525 per week.
This figure is used to calculate statutory redundancy pay and some unfair dismissal awards.
Any redundancy payments made after 6th April, 2019 will need to be paid at the higher rate.
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