Here are the statutory changes that will occur from April 2018. All will appear on our relevant website pages.
Compensation limits and minimum awards will increase again with effect from 6 April 2018.
Things to note:
- the cap on the compensatory award for unfair dismissal will rise from £80,541 to £83,682;
- the cap on a week’s pay for the purposes of calculating statutory redundancy pay and basic awards for unfair dismissal claims, will increase from £489 to £508;
- guarantee pay for layoffs will increase from £27 to £28 per day; and
- the minimum basic award in unfair dismissal cases where dismissal is because of health and safety, employee representative, trade union, or occupational pension trustee reasons will increase from £5,970 to £6,203.
These new statutory changes take effect where the “appropriate date” for the relevant claim (e.g. the termination date in an unfair dismissal claim) falls on or after 6 April 2018.
Remember that if the appropriate date falls before 6 April, the old limits will still apply, irrespective of when compensation might be awarded.
Changes Minimum wage hourly rate
25 years or over £7.85
Maternity Paternity Adoption and Shared Parental Leave
Statutory Maternity and Adoption Leave
1st 6 Weeks 90% of average wage next 33 weeks £145.18 per week unless weekly wage is lower
Statutory Paternity Pay
2 weeks at £145.18 per week unless weekly wage is lower
Shared Parental Leave
33 weeks £145.18 per week unless weekly wage is lower
Statutory Sick Pay
Up to 28 weeks at £92.05 per week provided the employee earns at least £116.00 per week.