Annual Statutory Payments Increase


In April each year, the Government increases statutory payments and limits. We set out below the relevant statutory payments and limits which apply from 6 April 2014:


  • The maximum compensation award which can be ordered by an Employment Tribunal to an individual who has been unfairly dismissed has increased to, whichever is the lower of £76,574.00 or 52 weeks’ actual gross pay;


  • The cap on a week’s pay for the purpose of redundancy pay or unfair dismissal compensation payment has increased to £464;


  • Statutory maternity, paternity and adoption pay is now £138.18 per week;


  • Statutory sick pay has increased to £87.55 per week; and


  • The weekly lower earnings limit for national insurance contributions has increased to £111.


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