It is that time of year where April brings with it an increase in national minimum wage, unfair dismissal compensation, a week’s pay and other statutory payments. Employers, employees and HR professionals should be aware of these changes and ensure their payments are up to date. Janey Rankin, Employment Trainee reports.

The increases are significantly higher than in previous years, which is unsurprising given the cost of living crisis which saw inflation rise 12.6% from September 2021 to September 2022.

From April 1^st 2023

From 1^st April 2023 National Minimum Wage will change as follows:

Workers ages 23 and over (National Living Wage): 10.42 an hour (increased from 9.50)

Workers aged 21-22: 10.18 an hour (increased from 9.18)

Workers aged 18-20: 7.49 an hour (increased from 6.83)

Workers aged 16-17: 5.28 an hour (increased from 4.81)

Apprentices: 5.28 an hour (increased from 4.81)

From April 2^nd 2023

From April 2^nd 2023 the following changes will be made to statutory leave and statutory sick pay payments:

Statutory maternity, adoption, paternity and shared parental pay will increase to 172.48 per week (from 156.66).

Statutory sick pay will increase to 109.40 per week (from 99.35)

From April 6^th 2023

From April 6^th 2023 the following changes will be paid to statutory and compensation payments:

Statutory Redundancy payments

• Maximum week’s pay will increase to 643 (from 571)
• Maximum basic award for unfair dismissal will increase 19,290 (up from 17,130).

Compensatory...

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