Don’t forget that the following rate changes will apply from 6th April 2018:
Minimum Wage Increases
From April 2018, the minimum payment rates set by the government will increase to:
- 25 years old and over – £7.83 per hour
- 21-24 years old – £7.38 per hour
- 18-20 years old – £5.90 per hour
- 16-17 years old – £4.20 per hour
- Apprentices under 19 (or in the first year of their apprenticeship) – £3.70 per hour.
From April 2018, statutory sick pay will increase to £95.05 per week.
Statutory maternity, paternity, adoption, shared parental pay and maternity allowance will be £145.18 per week.
- Maximum guarantee payments: £28 a day (maximum £140, five days in any three month period)
- Maximum week’s pay for calculating redundancy and unfair dismissal basic award: £508
- Maximum basic award for unfair dismissal and statutory redundancy payment: £15,240 (30 weeks’ pay subject to the limit on a week’s pay)
- Minimum basic award for dismissal on trade union, health and safety, occupational pension scheme trustee, employee representative and on working time grounds only: £6,203.
- Maximum compensatory award for unfair dismissal (unlimited for certain automatically unfair dismissals, for example, health and safety or whistleblowing): £83,682.
- Additional award for failure to comply with reinstatement or re-engagement order: £13,208 – £26,416 (26-52 weeks’ pay maximum).
- Minimum compensation for employees excluded/expelled from trade union: £9,474
- Failure to allow right to be accompanied correctly: £1,016 (two weeks’ pay capped at the statutory amount)
- Failure to give written statement of particulars: £1,016 or £2,032 (two or four weeks’ pay capped at the statutory amount)
- Flexible working regulations: £4,064 (eight weeks’ pay capped at the statutory amount).
Prevention is better than the cure; contact The HR Place if you’re at all unsure!