Annual changes to national minimum wage and tribunal awards
We look at the increased hourly national minimum wage rates that come in on 1 April 2018
The annual legislation making changes to the national minimum wage and the various rates of tribunal awards has been laid before Parliament. The new increased hourly national minimum wage rates come in on 1 April and are as follows:
- Under 18s increased from £4.05 to £4.20;
- Ages 18-20 increased from £5.60 to £5.90;
- Ages 21-24 increased from £7.05 to £7.38; and
- Age 25 and over increased from £7.50 to £7.83.
The accommodation offset rate is increased from £6.40 to £7.00 per day and the rate for apprentices is £3.70 per hour.
From 1 April the rates for statutory maternity, paternity, adoption and shared parental pay will increase from £140.98 to £145.18. Statutory sick pay will increase from £89.35 to £92.06 from 6 April.
In addition, from 6 April the maximum employment tribunal award for unfair dismissal has increased to £83,682. A maximum week’s pay for calculating redundancy payments and the basic award for unfair dismissal has also increased to £508.