Rise in Tribunal Rates Will Hit Small Businesses

• Author:
• Vantis Group

Small businesses may suffer as a result of an increase in the minimum and maximum awards given at employment tribunals, according to recent reports.

The new rise in rates took place on Sunday 1 February, bringing the cost of cases for unfair dismissal to an estimated £20m each year (see article 'Tribunal Compensation Limits Updated and Increased').

Meanwhile, anti-discrimination rules which came into force on 11 December 2003 have also added to the pressure on small firms, by outlawing dis... (92 more words)

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