We share this handy table on limits on payments and awards to help you remain compliant with employment law.

NB: This table was updated 15.03.18.

Statutory Rates Table

Statutory Rates 2017/2018
 Rate before
1st April 2018
Effective from
1st April 2018
Minimum wage for young workers
i.e. for 16 and 17 year olds
£4.05 per hour£4.20 per hour
Minimum wage for workers aged 18 to 20 (and those aged 21 and over doing accredited training for the
first 6 months of employment)
£5.60 per hour£5.90 per hour
Minimum wage for workers aged
21 and over
£7.05per hour£7.38 per hour
National Living Wage for workers aged 25 and over£7.50 per hour£7.83 per hour
Maximum guarantee payment per day£27.00 per day
£25.90 (NI)
£28.00 per day
effective 6 April 2018
£25.90 (NI)
Maximum compensatory award for unfair dismissal£80,541
£79,100 (NI)
£83,682
effective 6 April 2018
£79,100 (NI)
Statutory Sick Pay£89.35 per week£92.05 per week
effective 6 April 2018
Statutory Maternity Pay, Statutory Paternity Pay & Statutory
Adoption Pay
£140.98 per week / 90% of the person’s average weekly earnings if that
is less than £140.98
£145.18 per week / 90% of the person’s average weekly earnings if that
is less than £145.18
Maximum amount of a week’s pay which may be used to calculate redundancy payment£489
£500 in NI
£508
effective 6 April 2018
£500 (NI)

 

“Essential HR advice at your fingertips”

“In summary, MAD HR have made essential HR advice incredibly convenient and accessible and would recommend outsourcing if you don't have these skills in house.” Read the full review

MAD-HR Feefo Rating