April 21, 2022

Contents
    Contact us

    Update - Employment rate changes are coming in April 2023!

    April is the time of year when various statutory employment rates go up. We have compiled below some of the changes that will affect Microsoft Partners from April 2023.

    What is changing from 6 April 2023?

    What is changing? Rate from 6 April 2023

    Week’s Pay

    Used for the statutory redundancy payment calculation etc.

    £643

    Statutory Sick Pay

    Per week

    £109.40

    Statutory maternity, paternity and adoption pay

    Per week

    £172.48

    Unfair dismissal maximum compensation award

     

    £105,707

    *or 52 weeks actual pay, whichever is lower

    Vento bands

    Used to calculate compensation for injury to feelings in discrimination cases.

    Lower band: £1,100 to £11,200 (less serious cases)

    Middle band: £11,200 to £33,700 (cases which do not merit an award in the upper band)

    Upper band: £33,700 to £56,2002 (most serious cases).

    2Amounts in excess of £56,200 can be awarded in the most exceptional cases.

    National Minimum Wage (NMW) and 

    National Living Wage

    Age Rate from April 2023 Previous rate % Inc. % Previous year Inc.
    23 and over
    (National Living Wage)
    £10.42 £9.50 9.7% 6.6%
    21 – 22 (NMW) £10.18 £9.18 10.9% 9.8%
    18-20 (NMW) £7.49 £6.83 9.7% 4.1%
    16-17 (NMW) £5.28 £4.81 9.7% 4.1%
    Apprentice rate £5.28 £4.81 9.7% 11.9%
    Accommodation offset £9.10 £8.70 4.6% 4.1%

    Family Leave

    Weekly pay is increasing for those who are eligible for:
    • Statutory Maternity pay
    • Statutory Paternity pay
    • Statutory Adoption pay
    • Statutory Shared Parental pay
    • Statutory Parental Bereavement pay
    Rate from April 2023 Previous rate
    £172.48 £156.66

    Statutory Sick Pay

    The weekly rate is increasing for those who are eligible for sick pay:

    Rate from April 2023 Previous rate
    £109.40 £99.35
    Note: the lower earnings limit, which is the minimum an employee must earn to qualify for statutory sick pay, is remaining the same at £123 per week.

    Do you have a legal question for us?

    Whether you are just getting started, need a template package or looking for legal help as an annual subscription, we are here to help with any questions you may have.

    Our mission is to help you succeed, with less risk.

    Related articles