Changes take place on 6 April 2015
New statutory pay rates
Statutory pay for maternity, paternity, adoption and shared parental leave will increase to £139.58 per week.
Statutory sick pay (SSP) rate will increase to £88.45 per week.
Statutory adoption leave and pay
The statutory adoption leave will no longer have the 26-week qualifying period, and adoption pay will be brought in line with maternity pay, which will be 90% of normal earning for the first six weeks.
Parental Leave extended to 18
The right to unpaid parental leave will be extended to parents of any child under the age of 18 years.
Surrogate parents eligible for adoption leave
Provided they meet the eligibility criteria parents who have a child through surrogacy will be permitted to take ordinary paternity leave and pay, adoption leave and pay and shared parental leave and pay. Both parents will also be entitled to take unpaid time off to attend two antenatal appointments with the woman carrying the child.
New limit for redundancy pay
The limit for a week’s pay when calculating redundancy pay will increase to £475.
New compensation limits for employment tribunal awards
The limit for a week’s pay will increase to £475 when calculating compensation for basic unfair dismissal. The maximum compensation amount will increase to £78,335.
If you would like more information on how these minimum wage increases affect you, speak to our Employment Solicitor, Steven Eckett on 020 7998 7777 or email him at email@example.com.