EMPLOYMENT LAW

Employment Facts and Figures 2024-2025

The facts and figures for Employment.

Payment	Rate as at April 2024-April 2025
*Family friendly payments*
Statutory Maternity Pay	6 weeks at 90% of normal weekly earnings Then 33 weeks at £184.03 or earnings related rate if lower
Statutory Paternity Pay	Two weeks at £184.03
Statutory Adoption Pay	6 weeks at 90% of normal weekly earnings Then 33 weeks at £184.03or earnings related rate if lower
Maternity Allowance	39 weeks at £184.03
Shared Parental Pay	39 weeks, less weeks spent by child’s mother/adopter in receipt of SMP, MA or SAP at £184.03
Statutory Parental Bereavement Pay	Two weeks at £184.03
*Redundancy*
Statutory Redundancy Pay (2 years’ service required, maximum service for SRP is 20 years) Calculated on a formula: [appropriate amount] x [number of years’ service] x [weekly pay, subject to cap] “Appropriate amount” is: 0.5 week’s pay for each complete year of service in which employee was under 22 1 week’s pay for each complete year of service in which employee was 22-40 1.5 weeks’ pay for each complete year of service in which employee was 41 or over	A week’s pay is subject to cap of £700 Formula is therefore currently: [appropriate amount] x [years’ service] x £700 Maximum £21,000 (= 1.5 x 20 x £700)
*Sickness*
Statutory Sick Pay – payable after first 3 days’ sickness absence	Up to 28 weeks’ SSP per period of incapacity for work, at £116.75 per week
*Unfair dismissal*
Basic award Calculated on a formula: [appropriate amount] x [number of years’ service] x [weekly pay, subject to cap] “Appropriate amount” is: 0.5 week’s pay for each complete year of service in which employee was under 22 1 week’s pay for each complete year of service in which employee was 22-40 1.5 weeks’ pay for each complete year of service in which employee was 41 or over	A week’s pay is subject to cap of £700 Formula is therefore currently: [appropriate amount] x [years’ service] x £700 Maximum £21,000 (= 1.5 x 20 x £700)
Compensatory award	The lower of £115,115 or 52 weeks’ actual gross pay
*Wages*
National Minimum Wage (per hour) NB from 1.4.24, NLW applies to those aged 21 and over (previously aged 23 and over)	National Living Wage (21+): £11.44 Development rate (18-20): £8.60 Young workers (16-17): £6.40 Apprentice rate (U19/19+ in year 1 of apprenticeship): £6.40
Accommodation offset (maximum daily deduction from NMW)	£9.99
*Week’s pay*
Maximum amount of a week’s pay for calculation of certain payments/awards	£700
*Injury to feelings*
Lower band	£1,200 – £11,700
Middle band	£11,700 – £35,200
Top band	£35,200 – £58,700

Please contact us with any queries on the above or if you require any advice on payments to which you are entitled as an employee, or which as an employer you may be obliged to pay.

Specific advice should be sought on any payments to be made to employees during or on termination of employment. The above rates are current as of April 2024, but usually change with effect from every April.