Employee Guides

How much could my claims be worth?

9 May 2024 2 min read David Greenhalgh
How much could my claims be worth?

Employment Tribunal Awards from April 2024

Maximum unfair dismissal compensatory award (or 1 year gross salary if lower) £115,115
Maximum unfair dismissal basic award £21,000
Statutory limit on a week’s pay (previously £643) £700
Maximum statutory redundancy pay £21,000
Minimum basic award: certain unfair dismissals for trade union membership or activities; health and safety duties; pension scheme trustee duties; acting as employee representative, etc. £8,533
Additional award for failing to reinstate/re-engage £18,200 – £36,400
(26-52 weeks)
Refusal of right to be accompanied (max) £1,400
Flexible working requests (max) £5,600
Failure to collectively consult redundancy Up to 90 days’ gross pay
Failure to inform/consult TUPE transfers Up to 13 weeks’ gross pay
Failure to provide written particulars of employment £1,400 – £2,800
(2-4 weeks)
Discrimination – injury to feelings (dependent on seriousness and unless exceptional) for claims presented after 6 April 2024 Band 1: £1,200 –11,700
Band 2: £11,700 –35,200
Band 3: £35,200 –58,700
Maximum contractual claims in the
Employment Tribunal
£25,000

 

Statutory Pay Rates from 6 April 2024

Statutory maternity/adoption pay
First 6 weeks
90% of average earnings
Next 33 weeks (or 90% if lower) £184.03
Shared parental leave pay (whole period) (or 90% if lower) £184.03
Statutory paternity pay (2 weeks) (or 90% if lower) £184.03
Parental bereavement pay (2 weeks) £184.03
Statutory sick pay (per week)-(previously £109.40) £116.75
Guarantee pay (per day) (Max 5 days or £190 in 3 months) £38.00

 

Employee Insolvency Payment Claims from Secretary of State (max)

Arrears of pay £5,600 (8 weeks)
Statutory notice pay £8,400 (12 weeks)
Holiday pay £4,200 (6 weeks)
Statutory redundancy pay or basic award £21,000 (30 weeks)

 

National Minimum Wage Rates (1st April)

April 2023 April 2024
National living wage age 21+
(previously 23+)
£10.42 ph £11.44 ph
Age 21-22 £10.18 ph £11.44 ph
Age 18-20 £7.49 ph £8.60 ph
Age 16-17 £5.28 ph £6.40 ph
Apprentice (under 19 or in first year) £5.28 ph £6.40 ph
Accommodation offset limit (per day) £9.10 £9.99

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Common Questions Answered

Why do I need a lawyer to review my settlement agreement?

UK law requires independent legal advice to be taken before a settlement agreement can become legally binding. Without it, the agreement is unenforceable. An experienced employment lawyer will ensure you understand every clause and that your interests are fully protected.

How much does it cost to get a settlement agreement reviewed?

Your employer will usually pay for you to get independent legal advice on the terms and effect of your agreement. This is standard practice and is typically written into the agreement itself as a contribution towards your legal costs.

Can my settlement agreement be improved?

Often, yes. David regularly negotiates for increases in value, better exit terms and stronger protections for his settlement agreement clients. Even where an employer presents a figure as “final”, there is frequently room to negotiate.

How long does the process take?

With David, many clients get to sign-off in a matter of days if all they need is advice and sign-off. On urgent agreements David provides a same-day service, so a tight deadline is never a barrier to getting the right advice.

David Greenhalgh
Legal 500-Ranked Employment Lawyer, London

David has over 35 years of experience advising senior executives, employees and employers on all aspects of employment law. He has personally advised on over 10,000 settlement agreements and is recognised as one of London's leading employment lawyers.

This page is for reference purposes only. It does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking or deciding not to take any action.