Every tax year the core compensation limits for certain employment rights are increased. This year the following increases will apply From 6 April 2022.
- A week’s basic pay, the figure used in redundancy calculations and basic awards will increase from £544 to £571; and
- The maximum compensatory award for an unfair dismissal claim increases from £89,493 to £93,878.
In addition the following summary of the other upcoming rate changes will take effect.
National Minimum Wage
From 1 April 2022 the following hourly wage rates will apply:
- National living wage for those over 23: from £8.91 to £9.50.
- National minimum wage for those aged 21 to 22: from £8.36 to £9.18.
- National minimum wage for those aged 18 to 20: from £6.56 to £6.83.
- National minimum wage for those aged under 18: from £4.62 to £4.81.
- Apprentice Rate: from £4.30 to £4.81.
Family friendly rights
From 3 April 2022 (inclusive) the weekly rate of statutory maternity pay, maternity allowance, statutory paternity pay, statutory shared parental pay, statutory adoption pay will be will be £156.66 (up from £151.97) or 90% of the employee’s average weekly earnings, whichever is lower.
Sick pay
From 6 April 2022 inclusive the weekly rate of statutory sick pay will be £99.35 (up from £96.35).
