London,
13
March
2018
|
12:44
Europe/Amsterdam

Rates and Limits

 

 

From 6 April 2018, the cap on a week's pay and unfair dismissal compensation will increase, as will the "prescribed rate" for various family friendly rights. The National Minimum Wage will also increase from 1 April 2018:

  April 2017 April 2018
National Living Wage (25 and over) £7.50 £7.83
National Minimum Wage (aged 21 – 24) £7.05 £7.38
Week's pay £489 £508
Unfair dismissal compensation*

£80,541

(or 52 weeks' pay if lower)

£83,682

(or 52 weeks' pay if lower)

Statutory Maternity, Paternity, Adoption or Shared Parental Pay  £140.98 per week

£145.18 per week

Statutory Sick Pay £89.35 per week £92.05 per week

 

If you would like more information on how the points raised could impact you, please contact Jane Amphlett.