The government has announced increases to statutory rates, tribunal award caps,  NI thresholds, the National Living wage and the National Minimum wage from April this year.

 

Compensation Limits

Payments From 6 April 2017 From 6 April 2018
Limit on guarantee payments £27 £28
Limit on a week’s pay for calculating redundancy and unfair dismissal basic award £489 £508
Maximum basic award for unfair dismissal and statutory redundancy payment (30 weeks’ pay subject to the limit on week’s pay £14,670 £15,240
Minimum basic award for dismissal on trade union, health and safety, occupational pension scheme trustee, employee representative and on working time grounds only £5,970 £6,203
Maximum compensatory award for unfair dismissal £80,541 £83,682
Minimum compensation for employees excluded/expelled from trade union £9,112 £9,474
Contract claims (if a claim for breach of contract (e.g. wrongful dismissal) is brought in an employment tribunal, compensation is capped at £25,000. If the claim is for more than £25,000, it can be made in the county court or high court £25,000 £25,000

Statutory sick pay

Payment From 6 April 2017 From 6 April 2018
Statutory sick pay £89.35 £92.08

 

Need A Hand?

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Family-friendly payments

Payments From 6 April 2017 From 6 April 2018

Statutory shared parental pay (ShPP)

Statutory rate or 90% of employee’s weekly earnings if this is lower.

£140.98 £145.18

Statutory maternity pay (SMP)

First six weeks – 90% of employee’s average weekly earnings. Remaining weeks at the statutory rate or 90% of employee’s weekly earnings if this is lower.

£140.98 £145.18

Statutory adoption pay (SAP)

First six weeks – 90% of employee’s average weekly earnings. Remaining weeks at the statutory rate or 90% of employee’s weekly earnings if this is lower.

£140.98 £145.18

Statutory paternity pay (SPP)

Statutory rate or 90% of employee’s weekly earnings if this is lower.

£140.98 £145.18

 

National minimum wage

Age From 1 October 2016 From 1 April 2017 From 1 April 2018
Workers aged 25 and over (National Living Wage) £7.20 an hour £7.50 an hour £7.50 an hour
Workers aged 21–24 £6.95 an hour £7.05 an hour £7.38 an hour
Development rates for workers aged 18–20 £5.55 an hour £5.60 an hour £5.90 an hour
Young workers rate for workers aged 16–17 £4.00 an hour £4.05 an hour £4.20 an hour
Apprentices under 19, or over 19 and in first year of the apprenticeship £3.40 an hour £3.50 an hour £3.70 an hour

 

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