Rates Table

The statutory rates and compensation limits

Current Rate

New Rate

Effective From

National Living Wage (NLW) – Workers aged 25 and over.

£7.50

£7.83

1/04/18

NMW - Standard (adult) rate (workers ages 21 years and over)

£7.05

 £7.38

 1/04/18

NMW - Development rate (workers aged between 18-20)

£5.60

£5.90

1/04/18

NMW - Young workers right (workers aged under 18 but above the compulsory school age who are not apprentices)

£4.05

£4.20

1/04/18

NMW - Apprentices (under 19 years old or those aged 19 and over but in the first year of their apprenticeship)

£3.50

£3.70

1/04/18

Guarantee Pay

£26.00

£27.00

6/04/17

The limit on the amount of a week’s pay for the purposes of calculating, among other things, statutory redundancy payments and the basic award for unfair dismissal

£489.00

£TBA

6/04/17

The maximum compensatory award for unfair dismissal

£80,541

£TBA

6/04/17

The minimum basic award in cases where the dismissal was unfair by virtue of health and safety, employee representative, trade union, or occupational pension trustee reasons

£5,970

£TBA

6/04/17

Statutory Maternity, Paternity, Additional Paternity, Adoption Pay and Maternity Allowance

£140.98

£145.18

1/04/17

Statutory Shared Parental Pay

£140.98

£145.18

1/04/17

Statutory Sick Pay

£89.35

£90.05

1/04/17

LATEST LEGAL UPDATES:

  • Back to Basics: 7 Tips to Help You Write Better Job Descriptions

    Tags: HR, ukemplaw, EmploymentLaw, SpringClean, BacktoBasics, JobDescription, TopTips

    As we enter September and move into ‘back to school’ month it is the perfect time of year for a bit of a #SpringClean. This month we will be continuing our ‘back to basics’ series which we began last year when we covered, holidays, the probation period and the employment contract. This week we are looking at job descriptions.  

    As the war for talent intensifies, the most important challenge these days is to attract more candidates to your job page and, most importantly, make them apply for the position. By carefully thinking about how to write the job description, you’ll have a better chance to attract more quality candidates. To write more successful job descriptions, have a look at the following tips:

    An Easy-to-Read Job Title

    First of all, … more

    

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