Bespoke HR Consultancy
National Minimum Wage:
A reminder that from 1 April 2021 the National Living Wage increases by 2.2% (19p per hour) from £8.72 to £8.91. It will also be payable to all workers aged 23 and above (previously only workers aged 25 and above qualified).
New statutory rates:
From 4 April 2021, Statutory Maternity Pay (SMP), Statutory Paternity Pay (SPP), Shared Parental Pay (ShPP), Statutory Adoption Pay (SAP) and Statutory Parental Bereavement Pay (SPBP) increase to £151.97.
Statutory Sick Pay (SSP) increases to £96.35.
Unfair dismissal – where the effective date of termination is on or after 6 April 2021 the maximum compensatory award increases to £89,493.
Statutory redundancy payments – the maximum weeks’ pay increases to £544.
QHR Solutions is always happy to answer any specific queries you may have on the above.