politics
Companies rush to fire high earners before UK ends cap on unfair dismissal payouts
Labour government is removing £123,543 limit on compensation as part of package to boost workers’ rights
TL;DR
- The Labour government is removing the £123,543 compensation limit for unfair dismissal.
- This move is part of a package to increase workers' rights.
- Companies are reportedly firing high earners to avoid higher potential payouts.
- The change is intended to boost employee protections.