The Employment Rights (Increase of Limits) Order (Northern Ireland) 2024 is a statutory instrument that sets out the new limits on various employment rights and payments in Northern Ireland. This order is important for both employers and employees as it impacts their rights and obligations in the workplace.
The order increases the limits on certain employment rights and payments, including statutory redundancy pay, unfair dismissal compensatory awards, the limit on a week's pay for calculating redundancy pay and various other payments, and the minimum basic award for certain unfair dismissals. These changes aim to ensure that employees are fairly compensated in case of dismissal or redundancy and to align the limits with the current economic conditions.
Employers need to be aware of these changes and ensure they comply with the new limits to avoid potential claims and disputes with employees.
