New Statutory Rates Announced

New statutory rates take effect on 6 April 2014. The most important changes in employment law are:

• Statutory maternity pay – Up from £136.78 to £138.18;
• Statutory paternity pay – Up from £136.78 to £138.18;
• Statutory adoption pay – Up from £136.78 to £138.18;
• Statutory sick pay – Up from £86.70 to £87.55
• Limit on a week’s pay – Up from £450 to £464;
• Maximum basic award/redundancy payment – Up from £13,500 to £13,920;
• Maximum compensatory award – Up from £74,200 to £76,574.

In addition, the Government has announced that, with effect from 1 October 2014, the following changes to the national minimum wage will apply:

• Apprentices under 19 (or over 19 and in the first year of their apprenticeship) – Up from £2.68 per hour to £2.73 per hour;
• Young worker rate (16-17 year olds) – Up from £3.72 per hour to £3.79 per hour;
• Development rate (18-20 year olds) – Up from £5.03 per hour to £5.13 per hour;
• Adult rate (21 and over) – Up from £6.31 per hour to £6.50 per hour.

ESP Subscriber Training

Our remaining dates for the forthcoming ESP training sessions are set out below:

• Wednesday 30^th April 2014 – Wakefield Office;
• Wednesday 18^th June 2014 – Wakefield Office.

The course content focuses on unfair dismissal, discipline and grievance procedures and performance management. The course will begin at 9:00am and will finish at approximately 1:00pm with complimentary lunch served afterwards.

The course is available free to those companies who subscribe to our comprehensive employment law support package. Non subscribers to the scheme may attend at a cost of £195 plus VAT per delegate. Should you wish to attend please contact Mandy Walton by emailing mandywalton@chadlaw.co.uk.