April brings a raft of changes in the HR arena and although we’ve previously detailed 2017 and 2018 rates for the National Living Wage and National Minimum Wage, below we have information on the other increases you should be aware of:

Item  2017  2018 
Statutory maternity pay £140.98 £145.18
Statutory paternity pay £140.98 £145.18
Statutory sick pay (standard rate) £89.33 £92.05
Redundancy – cap on a week’s pay £489 £508
Guarantee Pay (per day) £27 £28
Tribunal award – max. basic award £14,670 £15,240
Tribunal award – max. compensatory award £80,541 £83,682

 

If you have any queries about any of the above changes and how it will affect your business, please get in touch.