27 March 2015: Changes from the 6th April 2015: The following changes will take effect from the 6th April 2015:
The National Minimum Wage will be:
- £6.50 ph for a worker who is aged 21 years or over (up from £6.31);
- £5.13 ph for a worker who is aged 18 years or over (but under 21) (up from £5.03) ;
- £3.79 ph for a worker who is aged under 18 years (up from £3.72);
- £2.73 ph for apprentices under regulation 5 (up from £2.68).
When it was introduced in 2005 the NWM for adults was £5.05 ph, so it does not seem to have gone up that much in the last ten years. The (non-compulsory London Living Wage is currently £9.15 ph)
A maximum week’s pay for the purposes of statutory redundancy payments and basic awards (in unfair dismissal claims) will increase to £475 gross (previously £464) pw.
Maximum compensatory awards in unfair dismissal claims will go up to (the lesser of 52 weeks gross pay or) £78,335 (previously £76,574) for dismissals after that date. (Employment Rights (Increase of Limits) Order 2015)
Statutory Maternity Pay, Adoption, Paternity, Additional Paternity and Shared Parental Pay will go up to £139.58 pw (previously £138.18).
Statutory Sick Pay will go up to £88.45 pw (previously £87.55). (The Welfare Benefits Up-rating Order 2015)
We are redundancy and unfair dismissal solicitors in London. Call or email us today. www.reculversolicitors.co.uk