Statutory payments rise April 2014

Employee Statutory payments rise April 2014   Statutory Sick pay 87.55 per week.  You will also no longer be able to recover the cost of SSP from the HRMC.  Prior to 6 April 2014 employers could reclaim SSP exceeding 13% of National Insurance contributions.   Statutory Maternity, Adoption, Paternity pay £138.18 per week, or 90% of average earnings, whichever is the lesser.   Statutory Redundancy £464 per week, or the employee’s weekly pay, whichever is the lesser.   Compensation for unfair dismissal Maximum compensatory award for unfair dismissal claim (where the effective date of termination falls on or after 6 … Read More