STATUTORY CHANGES APRIL 2018

by | Mar 26, 2018

Maternity pay is rising to £145.18 from April 2018. 
Also on 1 April 2018, the rates of statutory paternity pay and statutory shared parental pay will go up from £140.98 to £145.18 (or 90% of the employee’s average weekly earnings if this figure is less than the statutory rate).
The rate of statutory adoption pay will increase from £140.98 to £145.18.
This means that, from 1 April 2018, statutory adoption pay is payable at 90% of the employee’s average weekly earnings for the first six weeks, with the remainder of the adoption pay period at the rate of £145.18, or 90% of average weekly earnings if this is less than £145.18.
Statutory sick pay is also increasing from £89.35 to £92.05. This increase is expected to occur on 6 April 2018.

The 12 Days of Christmas

On the first day of Christmas my true love gave to me - A bonus with a bottle of brandy Christmas Bonus With the cost of living, it may not be possible to give your employees a Christmas bonus this year. If the Christmas bonus is contractual then you will need to pay...