Are you up to date with statutory payments?

Kelly Hanley
Human Resources
Kelly Hanley, HR Adviser

National minimum wage and statutory payments increased this month, meaning employers need to check that they are complying with the statutory provisions and paying their workers the correct amount in line with the following increases.

Kelly Hanley, HR Adviser

National Minimum Wage

The new minimum rates of pay which came into effect on 01 April 2024 are as follows:

  • Age 21 and above £11.44 (previously £10.42)
  • Aged 18 to 20 inclusive £8.60 per hour (previously £7.49)
  • Aged under 18 (but above compulsory school age) £6.40.
  • Aged 16 to 17 £6.40 per hour (previously £5.28)
  • Apprentice rate £6.40 per hour (previously £5.28)

Statutory Pay

Statutory maternity, paternity, shared parental and adoption pay increased from £172.48 to £184.03 per week from 06 April 2024

On 06 April 2024 statutory sick pay increased from £109.40 to £116.75 per week. 

Redundancy Pay

The cap for weekly pay when calculating redundancy pay also increased from £643 to £700 with effect from 06 April 2024. 

Please get in touch with a member of our HR consultancy team if you have any queries regarding this latest round of increases or if you require support in creating letters informing workers of a change in their rate of pay.

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