Employment Facts and Figures 2022-2023

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The facts and figures for Employment.

Payment Rate as at April 2022-April 2023
Family friendly payments
Statutory Maternity Pay 6 weeks at 90% of normal weekly earnings

Then 33 weeks at £156.66 or earnings related rate if lower

Statutory Paternity Pay Two weeks at £156.66
Statutory Adoption Pay 6 weeks at 90% of normal weekly earnings

Then 33 weeks at £156.66 or earnings related rate if lower

Maternity Allowance 39 weeks at £156.66
Shared Parental Pay 39 weeks, less weeks spent by child’s mother/adopter in receipt of SMP, MA or SAP
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 £571

Formula is therefore currently:

[appropriate amount] x [years’ service] x £571

Maximum £17,130 (= 1.5 x 20 x £571)

Sickness
Statutory Sick Pay – payable after first 3 days’ sickness absence Up to 28 weeks’ SSP per period of incapacity for work, at £99.35 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 £571

Formula is therefore currently:

[appropriate amount] x [years’ service] x £571

Maximum £17,130 (= 1.5 x 20 x £571)

Compensatory award The lower of £93,878 or 52 weeks’ actual gross pay
Wages
National Minimum Wage (per hour) National Living Wage (23+): £9.50

Standard adult rate (21-22): £9.18

Development rate (18-20): £6.83

Young workers (16-17): £4.81

Apprentice rate (U19/19+ in year 1 of apprenticeship): £4.81

Accommodation offset (maximum daily deduction from NMW) £8.70
Week’s pay
Maximum amount of a week’s pay for calculation of certain payments/awards £571

Please contact our Director of Employment, Clare Chappell, at cc@qlaw.co.uk 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 at December 2022, but usually change with effect from every April.

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