These include:

• The maximum amount of a week’s pay increases from £643 to £700 with regard to calculating a statutory redundancy payment and unfair dismissal basic award.
• The minimum amount of basic award of compensation for dismissal on trade union, health and safety, occupational pension scheme trustee, employee representative and working time grounds only rises from £7,836 to £8,533.
• The maximum award for unlawful inducement relating to trade union membership or activities, or collective bargaining, goes up from £5,128 to £5,584.
• The limit on the amount of compensatory award for unfair dismissal rises from £105,707 to £115,115.
• The amount of guarantee payment payable to an employee in respect of any day increases from £35 to £38.

The increases apply where the event giving rise to the entitlement to compensation or other payment occurred on or after 6 April 2024.