It is that time of year again when we see changes to statutory payments. So what should you look out for this April – here are a few of the main ones which should be of interest:
National Minimum and Living Wage
From 1st April 2016 the National Living Wage for workers age 25 and over was introduced and in November 2016 the government announced new rates for all categories of worker will take effect from April 2017.
- Workers aged 25 and over – £7.50 per hour
- Workers aged 21 and over – £7.05 per hour
- Workers aged 18 to 20 – £5.60 per hour
- Workers aged 16 to 17 – £4.05 per hour
- Apprentice rate – £3.50 per hour
Statutory Sick Pay
From 6th April 2017, Statutory Sick Pay (SSP) will increase to £89.35 per week.
Statutory Maternity, Adoption and Paternity Pay
Maternity and Adoption Pay
First six weeks – 90% of the employee’s average weekly earnings
From 2nd April 17 the remaining weeks will be paid at £140.98 or 90% of the employee’s weekly earnings if this is lower.
From 2nd April 17 – two weeks will be paid at £140.98 or 90% of the employee’s weekly earnings if this is lower.
Statutory Shared Parental Leave Pay
From 2nd April 17 – £140.98 or 90% of the employee’s weekly earnings if this is lower.
Another one to bring to your attention is the increase to the maximum compensatory award for unfair dismissal to £80,541 (although it is worth mentioning here that this is unlimited for certain automatically unfair dismissals, for example health and safety or whistleblowing).
We hope you find this information of interest and if you have any questions or comments we would love to hear from you.