As usual, certain rates are set to increase next month. From 1 April 2017, hourly National Minimum Wage levels will increase, along with increases in statutory maternity, paternity, adoption, and shared parental pay.
As usual, certain rates are set to increase next month.
From 1 April 2017, hourly National Minimum Wage levels will look like this:
Workers aged 25 and over - £7.50
Aged 21 to 24 - £7.05
Aged 18 to 20 - £5.60
Aged 16 to 17 - £4.05
Apprentice rate - £3.50
April will also bring increases in statutory maternity, paternity, adoption, and shared parental pay. The weekly rate for each will rise to £140.98 or 90% of the employee’s average weekly earnings, whichever is lower. Statutory Sick Pay is set to go up from £88.45 to £89.35.
The annual increase in compensation payments will take effect, too:
A week's pay (for redundancy and unfair dismissal basic award calculations) rises from £479 to £489.
The maximum compensatory award increases from £78,962 to £80,541.
