Springhouse Solicitors

New statutory awards for April 2017

Here are the new financial rates and limits for 2017.

A maximum week’s pay is £489 for calculating various awards such as the basic award for unfair dismissal; statutory redundancy pay; failure to consider a request for flexible working and state payments on insolvency of an employer for unpaid holiday pay and statutory notice.

The maximum compensatory award for unfair dismissal is the lesser of £80,541 or 52 weeks’ pay.

The National Minimum Wage:

National Living Wage: £7.50 per hour

Statutory sick pay:£89.35 per week

Statutory maternity, paternity, parental leave, adoption and shared parental leave pay: £140.98 per week (or 90 per cent of the person’s average weekly earnings, depending on timing of absence).