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The 2008/9 Employment Tribunal Statistics have just recently been released and make for some very interesting reading indeed!! Some Employment Tribunal data you may find interesting………….
More than 151,000 Employment Tribunal claims were accepted and a 15 % rise in the overall number of single Employment Tribunal Claims were raised compared with to 2007/8. Specifically there were rises in claims for Unfair Dismissal (+29%), Breach of Contract (+31%), Redundancy Pay (+48%), Redundancy – Failure to inform & consult(+2.5x)
In addition to the cost of defending Employment Tribunal Claims, these increases in the number of Claims raised resulted in many Business Owners having to pay out hundreds of thousands of pounds in compensation awards:
£9,000: the average cost of defending an employment tribunal claim, excl. awards
£7,959: the average compensation awarded for Unfair Dismissal
£27,235: the average compensation awarded for Disability Discrimination
£8,869: the average compensation awarded for Age Discrimination
£23,668: the average compensation awarded for Sexual Orientation Discrimination
So with a 15 % rise in the overall number of single Employment Tribunal Claims raised, average Tribunal Awards ranging from £8000 to £28,000 and the 25% cap on contingency fees (fees solicitors can charge when acting for employees on a ‘no win / no fee basis’) rising to 35% from 7 April 2010, what are you doing to prevent problems and protect your business? Have you done an HR Health Check on your business lately?
Would indemnity for your business from costs associated with defending Employment Tribunal claims and complete peace of mind knowing you’ll never have to worry about compliance with complex UK employment legislation ever again help you to prevent problems and protect your business?
Call EmployEasily HR Services today on 0800 612 4772.