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Career path - SMEs face tribunal hike.
(From Post Magazine)
New compensation limits for employment tribunals mean that firms are exposed to increasing claims costs, Allianz Cornhill Legal Protection warned this week.
The higher limits, introduced on 1 February under the Employment Rights Order 2006, are that a week's pay will now be GBP310, an increase from the previous GBP290, while the maximum compensatory award at Tribunal has risen from GBP58,400 to GBP60,600. The minimum basic award for ...
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