Philadelphia’s False Claims Ordinance Is a Sleeping Giant. When Will It Wake Up? - Law.com
Philadelphia’s False Claims Ordinance Is a Sleeping Giant. When Will It Wake Up?Law.
We are now into the second week of April and there have been updates to rates related to pay and compensation. We have set out the updated figures below as well as some statistics from the Employment Tribunal on compensation awarded in 2019/2022 and some other important updates you will need to be aware off.
Wage Updates
The annual increase to the national living wage (NLW) and national minimum wage (NMW) have taken affect from 1 April 2022.
The NLW has increased from 8.91 to 9.50 per hour. The updates to the NWM is set out below:
If you have not yet applied these rates, you will need to make sure that these rates are applied, to those it effects prior to any payroll runs for April. If you run any weekly payrolls and have yet to implement the minimum uplifts this will need to be rectified immediately.
Statutory Pay Rates
Some rates for the various rates of weekly Statutory Pay has increased from 3 April 2022 and 6 April 2022 respectively:
You will all be aware of the increase in National Insurance Contributions for both employers and employees. This has risen to 1.25%, the revenue that this increase will create is to be spent on the growing funding needs of the NHS and social care.
Gender Pay Gap reports
Employers who have more than 250 have, since 2018, been required to publish their...
Philadelphia’s False Claims Ordinance Is a Sleeping Giant. When Will It Wake Up?Law.