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Statutory / Mimimum Rates of Pay

From 1st April 2017, the following “national minimum” rates of pay will be increased as shown:

 

Old Rate

New Rate

Apprentice

£3.40

£3.50

Age 16-17

£4.00

£4.05

Age 18-20

£5.55

£5.60

Age 21-24

£6.95

£7.05

Age 25+

£7.20

£7.50

The penalty for failing to pay the National Living Wage to those entitled to receive it will be 200% of the amount owed unless the arrears can be cleared within 14 days.  The maximum penalty which may be imposed will be limited to £20,000 per worker, but this is still a sizeable sum.

2nd April - Statutory Rates of Pay

The Government has confirmed that the rate of statutory sick pay shall increase to £89.35 per week, and the rate of statutory maternity pay, paternity pay, adoption pay and shared parental leave pay shall increase to £140.98 per week.

For more information please contact Nicola Gray or Martin Sinclair, or call 01224 632464.

 

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