Catherine Wilson, partner at Thomas Eggar, said a number of statutory maximum awards will increase in February, such as the cap on compensation awards for unfair dismissal and statutory redundancy pay, based on a week’s pay, which will rise to £450.

In March, unpaid statutory parental leave will rise from 13 to 18 weeks per child.

Meanwhile, the Enterprise and Regulatory Reform Bill, expected to be introduced this year, will bring in a new contract for employee owners.

And in the summer, new employment tribunal rules of procedure will be implemented.