Key Facts & Figures
National Minimum Wage/Living Wage
| National Living Wage (workers aged 25 and over) | Standard adult rate (minimum hourly rate) |
Development rate (minimum hourly rate) | Young workers rate (minimum hourly rate) |
Apprenticeship rate (minimum hourly rate) | Accommodation offset limit (maximum daily deduction from NMW) | |
| 1st April 2017 – 30th September 2017 | £7.50 | £7.05 | £5.60 | £4.05 | £3.50 | £6.40 |
| 1st October 2016 – 31st March 2017 | £7.20 | £6.95 | £5.55 | £4.00 | £3.40 | £6.00 |
Statutory Sick Pay (SSP)
| Sick days between | SSP rate (each week) |
| 6th April 2017 – 5th April 2018 | £89.35 |
Statutory Maternity Pay (SMP)
| Weekly rate of SMP | Maximum period | |
| 2nd April 2017 – 1st April 2018 | 90% of employee’s weekly earnings
90% of employee’s weekly earnings or £140.98 (whichever is lower) |
First 6 weeks
33 weeks |
Statutory Paternity Pay (SPP)
| Weekly rate of SPP | Maximum period | |
| 2nd April 2017 – 1st April 2018 | £140.98 or 90% of employee’s weekly earnings (whichever is lower) | Two weeks’ ordinary paternity leave; 26 weeks’ additional paternity leave (if EWC before 5th April 2015) |
Statutory Adoption Pay (SAP)
| Weekly rate of SAP | Maximum period | |
| 2nd April 2017 – 1st April 2018 | 90% of employee’s weekly earnings
90% of employee’s weekly earnings or £140.98 (whichever is lower) |
First 6 weeks
33 weeks |
Shared Parental Pay (ShPP)
| Weekly rate of ShPP | Maximum period | |
| 2nd April 2017 – 1st April 2018 | £140.98 | 39 weeks, less any weeks spent by the child’s mother or adopter in receipt of SMP, SAP or Maternity Allowance. |
Statutory Redundancy Pay
| Maximum | |
| 6th April 2017– 5th April 2018 | £14,670 |
Calculating Statutory Redundancy Pay
| 0.5 weeks’ pay | for each year of service for employees between the ages of 18 and 21 |
| 1 week’s pay | for each year of service for employees between the ages of 22 and 40 |
| 1.5 weeks’ pay | for each year of service for employees aged 41 and older |
Week’s Pay
| Maximum | |
| 6th April 2017 – 5th April 2018 | £489 |
Tribunal Compensation Limits
| Effective Date of Termination | Maximum Basic Award | Maximum Compensatory Award |
| From 6th April 2017 | £14,670 | £80,541 or 52 weeks’ gross pay (whichever is lower) |
