Employment Facts – April 2014

8 Apr 14

This information is correct as at 6 April 2014. It is intended as a summary.  If you would like more detailed information please contact us.

 

National Minimum Wage 
 
From 1 October 2013 

 

Adult rate (over 21)                                    £6.31 per hour
Development rate (18 – 20)                       £5.03 per hour
School leavers (16 – 17)                            £3.72 per hour
Apprentices                                                £2.68 per hour
 
From 1 October 2014 

 

Adult rate (over 21)                                   £6.50 per hour
Development rate (18 – 20)                      £5.13 per hour
School leavers (16 – 17)                           £3.79 per hour
Apprentices                                               £2.73 per hour
 
Sickness absence 
 
Statutory sick pay;                              
£87.55 per week for a maximum of 28 weeks

 

SSP is only payable after 3 qualifying days’ absence 
 
Parental payments 
 
Statutory maternity pay;

 

6 weeks - 90% of normal earnings
33 weeks - £138.18 per week or 90% of normal weekly earnings if lower
 
Statutory paternity pay;

 

2 weeks - £138.18 per week or 90% of normal weekly earnings if lower
 
Statutory adoption pay;

 

39 weeks - £138.18 per week or 90% of normal weekly earnings if lower
 
Annual leave 
 
5.6 weeks’ paid leave per year for all workers.
This period can include bank and public holidays.
 
Statutory redundancy pay 
 
Statutory redundancy pay is based on an employee’s age
and length of employment. An employee must have at
least two years service to qualify and only the 20 most
recent years of employment are taken into account. 
 
Under 22;                                          0.5 week’s pay per year
Between 22 and 40;                         1 week’s pay per year
41 or over;                                        1.5 week’s pay per year
 
A week’s pay has an upper limit of £464
The maximum payment is £13,920 
 
Employment Tribunal Maximum Compensation Limits 
 
Unfair dismissal 
Max basic award -  £13,920
Max compensatory award -  The lower of £76,574 and one year’s pay
 
Discrimination
No Limit
Includes amount for injury to feelings of £600 - £30,000

 

Statutory weekly pay 

 £464 per week
(These figures apply where the dismissal took place on or after 6 April 2014.)