In line with the Statutory Rates increase, effective from 6 April 2022. Here is a handy run down of the new rates.
|Compensation Limits||Maximum Award|
|A weeks’ pay (statutory maximum)||£571.00|
|Breach of the right to be accompanied at Discipline and Grievance Meetings||£1,142.00 (2 weeks’ pay)|
|Breach of Flexible Working Provision||£4,568.00 (8 weeks’ pay)|
Max Award: £111,008.00
|Basic Award: £17,130.00 Compensation Award: £93,878.00 (or 52 weeks’ pay)|
|Failure to provide Written Statement of Employment||£1,142.00 – £2,284.00 (2-4 weeks)|
|Statutory Redundancy Payment||£571.00 per week|
|Maximum Statutory Redundancy Payment||£17,130.00 (30 weeks’ pay)|
|Statutory Maternity Pay||£156.66 per week|
|Statutory Paternity Pay||£156.66 per week|
|Statutory Adoption Pay||£156.66 per week|
|Statutory Shared Parental Leave Pay||£156.66 per week|
|Statutory Parental Bereavement Pay||£156.66 per week|
|Statutory Sick Pay||£99.35 per week|
|National Minimum Wage & National Living Wage||Rate|
|National Living Wage:||£9,50 per hour|
|21-22 Year Old Rate:||£9.18 per hour|
|18-20 Year Old Rate:||£6.86 per hour|
|Under 18s & Apprentice Rate:||£4.81 per hour|
Other Employment Updates in 2022
Health and Social Care Levy
A new social care levy will be introduced in the UK from 6 April 2022 to help fund health and social care. In 2022, this will be collected as part of a 1.25% increase in National Insurance rates for employers, employees and the self-employed. It will not be payable by those earning under the NICs threshold.
From 6 April 2023, it is expected that this will be collected as a separate Health and Social Care Levy at a rate of 1.25%.
Those who are above State Pension age will not be affected by the temporary increase to National Insurance contributions for the 2022-2023 tax year, however, they will be required to pay the levy from April 2023.
Bank Holidays – The Queen’s Jubilee
In 2022 there will be an additional Bank Holiday to celebrate the Queen’s Platinum Jubilee. The usual late May bank holiday has been moved to Thursday 2 June to give workers a four-day weekend.
Whether or not employees are entitled to take this off will depend on the wording of their employment contracts. Employers will need to check the wording and communicate with employees as to whether or not they will be expected to work on the additional bank holiday.