Rates and Limits
From 6 April 2018, the cap on a week's pay and unfair dismissal compensation will increase, as will the "prescribed rate" for various family friendly rights.
From 6 April 2018, the cap on a week's pay and unfair dismissal compensation will increase, as will the "prescribed rate" for various family friendly rights.
The National Minimum Wage will also increase from 1 April 2018:
Pay type | April 2017 | April 2018 |
---|---|---|
National Living Wage (25 and over) | £7.50 | £7.83 |
National Minimum Wage (aged 21 – 24) | £7.05 | £7.38 |
Week's pay | £489 | £508 |
Unfair dismissal compensation* |
£80,541 (or 52 weeks' pay if lower) |
£83,682 (or 52 weeks' pay if lower) |
Statutory Maternity, Paternity, Adoption or Shared Parental Pay | £140.98 per week |
£145.18 per week |
Statutory Sick Pay | £89.35 per week | £92.05 per week |
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