Key statutory rates and compensation limits from 1 April 17
Living wage and minimum wage
workers aged 25 and over – £7.50 an hour
workers aged 21 and over – £7.05 an hour
development rate for workers aged 18-20 – £5.60 an hour
young workers rate for workers aged 16-17 – £4.40 an hour
apprentice rate – £3.50 an hour
Family friendly payments
Maternity
First six weeks – 90 per cent of employee’s average weekly earning
Remaining weeks – £140.98 or 90 per cent of employee’s weekly earning if this lower
Adoption
First six weeks – 90 per cent of employee’s average weekly earning
Remaining weeks – £140.98 or 90 per cent of employee’s weekly earning if this lower
Paternity
Two weeks – £140.98 or 90 per cent of employee’s weekly earning if this lower
Shared parental leave
£140.98 or 90 per cent of employee’s weekly earning if this lower
Statutory sick pay
£89.35
Compensation
Limit of a week’s pay for calculating redundancy and unfair dismissal basic aware – £489
Maximum basic award for unfair dismissal and statutory redundancy payment – £14,670
Maximum compensatory award for unfair dismissal (this is unlimited for certain automatically unfair dismissals, for example health and safety or whistleblowing) – £80,541
Failure to give written statement of particulars – £978 or £1,956 (2 or 4 weeks’ pay capped at the statutory amount)
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