Posts Tagged Employment Rates & Limits

Statutory Employment Rates and limits

Taking effect from 6 April 2017 the following changes will take place for statutory payments: Date From: SMP, Paternity, SAP, MA & SHPP* SSP Redundancy 6th April 2016 £139.58 per week £88.45 per week £479.00 per week (maximum weekly payment) 6th April 2017 £140.98 per week £89.35 […]

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National Living Wage

On 1 September 2015, BIS announced a package of measures intended to improve compliance with the national minimum wage (NMW) and national living wage (NLW) when the latter is introduced in April 2016. The NLW will apply to all employees over 25 and initially is set at £7.20 […]

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Rates and Limits

Taking effect from 6 April 2015 the following changes will take place for statutory payments:

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Limits for Unfair Dismissal and max amount of 1 weeks’ pay for Redundancy payments

Tribunal compensation limits will increase on 6 April 2014 under the Employment Rights (Increase of Limits) Order 2014 (SI 2014/382). The maximum compensatory award for unfair dismissal will rise from £74,200 to £76,574. The maximum amount of a week’s pay, used to calculate redundancy payments or various […]

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Minimum wage to rise to £6.50 in October

The government has approved a rise in the national minimum wage (NMW) to £6.50 an hour in October this year, as recommended by the independent Low Pay Commission (LPC). From the 1st of October 2014 NMW rates will be: a 19p (3 per cent) increase in the […]

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