Rates and Limits – changes in April 2024
April 2024 sees changes to various statutory rates and limits as set out below:
National Minimum Wage
| Category of worker | Current min hourly rate | From 1st April 2024 |
| 23 and over | £10.42 | £11.44 |
| 21 to 23 | £9.18 | £11.44 |
| 18 to 20 | £7.49 | £8.60 |
| 16 to 17 | £5.28 | £6.40 |
| Apprentices | £5.28 | £6.40 |
NB: exemption for live in domestic workers removed from 1st April 2024 also.
Statutory payments
| Statutory payment | Current rate | Rate from 6th April 2024 |
|
Statutory Sick Pay |
£109.40 |
£116.75 |
|
Statutory Maternity*, Paternity, Adoption, Shared Parental, Parental Bereavement |
£172.48 |
£184.03 |
|
Statutory Guarantee Pay |
£35 |
£38 |
*Statutory Maternity Pay is payable at 90% of normal earnings for the first six weeks in most cases
Employment Tribunal compensation
| Type of award | Current position | From 6th April 2024 |
|
Cap on “weeks’ pay” for SRP and basic award |
£643 per week |
£700 |
|
Cap on compensatory award for unfair dismissal claims
|
£105,707* |
£115,115* |
| Fixed award for unlawful inducement relating to collective bargaining
|
£5,128** |
£5,584** |
*Compensatory award will be capped at 52 weeks’ gross pay if less than these figures (subject to no award for re-instatement or re-engagement being made)
**Per worker
Barrass Whiting LLP
14/03/2024
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