The Schedule of Loss is also called the Statement of Remedy. A Schedule of Loss is very important for your Employment Tribunal claim. It is a document which tells the Employment Tribunal how much you think you should be paid if you are successful in your claim.
[see Checklist for claiming compensation in the Employment Tribunal, The Compensatory Award, The Basic Award, How to prepare your schedule of loss for the Employment Tribunal, Schedule of loss spreadsheet for unfair dismissal claims, Schedule of loss spreadsheet for discrimination claims]
The Employment Tribunal will usually order you to show how you have calculated each amount you are claiming for your losses. The schedule of loss calculates a payment for each different type of loss. The losses are called ’Heads of Loss’ or ’Heads of Damage’, and your schedule of loss will show how much you are claiming under each head of loss. Losses are calculated on gross pay for the Basic Award and net pay for the Compensatory Award. The schedule of loss is made up of;
You will be asked to prepare the schedule of loss quite early in the proceedings, so that it can be used in settlement negotiations, judicial mediation or when working out how long the Employment Tribunal hearing will be. It is a good idea to start preparing it immediately after you submit your claim because of the amount of work that goes into preparing it, and also because you want to refer to it in your witness statement.
You will go through a few incarnations of your schedule of loss, but you must update it when you get close to the hearing date. The schedule of loss is a guide and is not usually conclusive as to what you will actually get if you are successful.
Your Employer will most likely dispute your schedule of loss. Your Employer will do this through a counter-schedule of loss which will detail their views on your schedule of loss and what they believe to be a more accurate figure.
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