Please remember that various limits and payments set out in legislation change in April each year.
From 2 April 2023, statutory maternity, paternity, adoption and parental bereavement pay, as well as statutory shared parental leave pay, all increased to £172.48 (from £156.66) per week.
From 6 April 2023, statutory sick pay will increase to £109.40 (from £99.35) per week.
In addition, from 6 April 2023 the limit on a week's pay for various calculations, including statutory redundancy pay and the basic award (and additional award) in unfair dismissal claims, will increase to £643 (from £571).
The limit on the amount of the compensatory award that can be made in unfair dismissal claims also increases, rising to £105,707 (from £93,878) or one year's pay - whichever is lower. Of course, the limit is removed for certain kinds of claim.
If you require advice regarding redundancy or any other dismissal situation, or advice about the entitlements that can arise, then our Employment Law team has the expertise to assist you.
For further information regarding employment law updates, please contact anthony.wilcox@twmsolicitors.com.
For further details about our Employment Law services, click here.